Janus Henderson Group Stock Target Price Raised by UBS Group

Janus Henderson Group (NYSE:JHG) has recently received an updated target price by analysts from UBS Group, who increased it from $42.00 to $45.00 in a research note released on Monday. The brokerage currently holds a "neutral" rating on the stock. This revised target price offers an estimated upside of 1.24% compared to the stock's previous closing price.

Several other analysts have also weighed in on the stock. For instance, on January 7th, JPMorgan Chase & Co. reduced their price target for Janus Henderson Group from $45.00 to $44.00, maintaining a "neutral" rating. Conversely, on November 1st, TD Cowen lifted their target from $46.00 to $50.00 while giving a "buy" rating. Additionally, Wells Fargo & Company raised their target price from $43.00 to $46.00 with an "equal weight" rating.

On January 6th, The Goldman Sachs Group upgraded their stance on Janus Henderson Group from a "sell" rating to "neutral," and they also adjusted their price objective from $42.00 to $45.00. Evercore ISI also increased their target price from $40.00 to $43.00, assigning an "in-line" rating in their report published on November 7th.

In summary, eight research analysts have given the stock a hold rating, while one has issued a buy rating. Based on analysis from MarketBeat.com, Janus Henderson Group currently has an average rating of "Hold" and a mean target price of $45.63.

Janus Henderson Group Stock Performance

During Monday's trading hours, shares of Janus Henderson Group decreased by $0.48, bringing the stock price down to $44.45. A total of 222,716 shares were traded, which is below the average volume of 888,818 shares. The company has reported a quick ratio of 2.08 and a current ratio of 3.08, indicating strong liquidity, along with a debt-to-equity ratio of 0.08. The firm's market capitalization stands at $7.07 billion, with a price-to-earnings ratio of 17.31 and a P/E/G ratio of 0.62. The beta for the stock is 1.50, reflecting its relative volatility. Over the last year, Janus Henderson Group's stock has experienced a low of $29.50 and a high of $45.74.

Janus Henderson Group last reported its quarterly earnings on January 31st, revealing earnings of $1.07 per share, which surpassed the consensus estimate of $0.94 by $0.13. The company's net margin is currently at 16.38%, and its return on equity is 12.18%. In the same quarter of the previous year, the firm earned $0.82 EPS. Research analysts predict that Janus Henderson Group will report an earnings per share of 3.74 for the current fiscal year.

Institutional Trading of Janus Henderson Group

Recent changes in holdings have been noted among institutional investors. For instance, Huntington National Bank increased its stake in Janus Henderson Group by 24.5% during the third quarter, now owning 1,219 shares valued at $46,000 after acquiring an additional 240 shares. UMB Bank n.a. enhanced their holdings by 56.5% in the fourth quarter, achieving a total of 787 shares worth $33,000 after purchasing 284 more shares.

Richardson Financial Services Inc. significantly raised its position in the firm by 89.4% during the last quarter, owning 769 shares at a value of $33,000 after buying 363 additional shares. Moreover, GAMMA Investing LLC grew their holdings in Janus Henderson Group by 15.7% during the third quarter, amounting to 2,822 shares valued at $107,000. Lastly, Assetmark Inc. increased its holdings by 9.1% during the third quarter to 5,101 shares, valued at $194,000, after acquiring 425 additional shares. Overall, institutional investors currently own 87.94% of Janus Henderson Group's shares.

Janus Henderson Group Company Profile

Janus Henderson Group plc operates as an asset management holding entity. Through its various subsidiaries, the firm offers investment services to institutional, retail, and high-net-worth clients. The company manages different client-focused equity and fixed-income portfolios, as well as balanced mutual funds.

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