51job Reiterates Maintains Rating for Janus Henderson Group (NYSE:JHG)

Posted by on May 6th, 2023

Janus Henderson Group (NYSE:JHG – Get Rating)‘s stock had its “maintains” rating reaffirmed by research analysts at 51job in a research note issued to investors on Thursday, Benzinga reports.

Other analysts have also issued reports about the company. Credit Suisse Group lifted their price target on Janus Henderson Group from $20.00 to $20.50 and gave the company an “underperform” rating in a research note on Friday, February 3rd. StockNews.com began coverage on Janus Henderson Group in a research note on Thursday, March 16th. They set a “hold” rating on the stock. Citigroup lifted their price objective on Janus Henderson Group from $25.30 to $26.90 in a research note on Thursday. Evercore ISI cut their price objective on Janus Henderson Group from $25.00 to $24.00 and set an “in-line” rating on the stock in a research note on Thursday, April 13th. Finally, Wells Fargo & Company lifted their price objective on Janus Henderson Group from $24.00 to $26.00 and gave the stock an “underweight” rating in a research note on Friday, February 3rd. Five investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $22.80.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $26.55 on Thursday. Janus Henderson Group has a 12-month low of $19.09 and a 12-month high of $31.30. The company has a quick ratio of 2.65, a current ratio of 3.63 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average price is $26.13 and its two-hundred day moving average price is $25.56. The stock has a market cap of $4.40 billion, a PE ratio of 12.83, a P/E/G ratio of 4.96 and a beta of 1.44.

Janus Henderson Group (NYSE:JHG – Get Rating) last released its earnings results on Wednesday, May 3rd. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. Janus Henderson Group had a return on equity of 9.07% and a net margin of 16.86%. The firm had revenue of $495.80 million for the quarter, compared to analysts’ expectations of $488.38 million. During the same quarter in the previous year, the business posted $0.75 earnings per share. The business’s revenue for the quarter was down 20.0% on a year-over-year basis. As a group, analysts expect that Janus Henderson Group will post 2.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its stake in Janus Henderson Group by 88.4% in the fourth quarter. Parallel Advisors LLC now owns 8,011 shares of the company’s stock valued at $188,000 after buying an additional 3,759 shares during the period. Cubist Systematic Strategies LLC increased its holdings in shares of Janus Henderson Group by 2.5% during the third quarter. Cubist Systematic Strategies LLC now owns 382,919 shares of the company’s stock valued at $7,777,000 after acquiring an additional 9,370 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Janus Henderson Group by 0.7% during the fourth quarter. Yousif Capital Management LLC now owns 71,384 shares of the company’s stock valued at $1,679,000 after acquiring an additional 480 shares in the last quarter. Duality Advisers LP increased its holdings in shares of Janus Henderson Group by 137.6% during the third quarter. Duality Advisers LP now owns 100,762 shares of the company’s stock valued at $2,046,000 after acquiring an additional 58,348 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of Janus Henderson Group by 13.3% during the fourth quarter. ProShare Advisors LLC now owns 18,288 shares of the company’s stock valued at $430,000 after acquiring an additional 2,146 shares in the last quarter. 85.01% of the stock is owned by institutional investors and hedge funds.

About Janus Henderson Group

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Janus Henderson Group Plc is a holding company, which engages in the provision of asset management services. It offers investment solutions including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies. The company was founded on Jan 23, 1998, is headquartered in London, the United Kingdom.

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Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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