Janus Henderson Group (JHG) Upgraded by Deutsche Bank to “Buy”

Janus Henderson Group (NYSE:JHG) was upgraded by analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report released on Tuesday, MarketBeat reports. The firm presently has a $41.00 price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 15.40% from the company’s previous close.

JHG has been the topic of several other reports. Credit Suisse Group lowered their target price on shares of Janus Henderson Group from $38.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, February 7th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $41.00 target price on shares of Janus Henderson Group in a report on Tuesday, January 9th. Zacks Investment Research raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Friday, January 5th. Citigroup cut shares of Janus Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Thursday, January 25th. Finally, ValuEngine raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Friday, February 9th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $37.75.

Janus Henderson Group (NYSE JHG) opened at $35.53 on Tuesday. Janus Henderson Group has a fifty-two week low of $24.02 and a fifty-two week high of $41.64. The company has a market cap of $6,958.10, a P/E ratio of 10.30, a PEG ratio of 1.02 and a beta of 1.41. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Tuesday, February 6th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.07. Janus Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The company had revenue of $505.30 million for the quarter, compared to analysts’ expectations of $565.83 million. The firm’s quarterly revenue was up 21.8% compared to the same quarter last year. research analysts predict that Janus Henderson Group will post 2.94 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in the stock. Dai ichi Life Holdings Inc. increased its stake in Janus Henderson Group by 16.6% in the fourth quarter. Dai ichi Life Holdings Inc. now owns 20,010,527 shares of the company’s stock valued at $765,603,000 after acquiring an additional 2,841,605 shares during the last quarter. Dai Ichi Life Holdings Inc. bought a new position in Janus Henderson Group in the third quarter valued at approximately $598,165,000. BlackRock Inc. increased its stake in Janus Henderson Group by 3.4% in the fourth quarter. BlackRock Inc. now owns 11,583,878 shares of the company’s stock valued at $443,199,000 after acquiring an additional 378,389 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Janus Henderson Group during the third quarter worth $163,353,000. Finally, Fuller & Thaler Asset Management Inc. bought a new stake in shares of Janus Henderson Group during the third quarter worth $78,811,000. 46.63% of the stock is currently owned by institutional investors and hedge funds.

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About Janus Henderson Group

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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