Janus Henderson Group Downgraded to Hold by StockNews.com

Janus Henderson Group (NYSE:JHG) has recently been revised by analysts at StockNews.com, who have lowered their rating from "buy" to "hold" in a research note released on Tuesday.

A few other equities analysts have also shared their insights on Janus Henderson Group. Notably, UBS Group upgraded the stock from a "neutral" rating to a "buy" rating, increasing the price target from $45.00 to $50.00 in their report dated February 24th. Similarly, JPMorgan Chase & Co. raised its rating from "neutral" to "overweight" and increased their target price from $44.00 to $53.00, as noted in a research note on February 5th. The Goldman Sachs Group initially downgraded the stock from "sell" to "neutral," adjusting their price target from $42.00 to $45.00 in a review published on January 6th. Moreover, Wells Fargo & Company raised its price objective from $43.00 to $46.00, maintaining an "equal weight" rating in a report on February 3rd. Lastly, Morgan Stanley increased their price objective for Janus Henderson Group from $46.00 to $48.00 while giving the stock an "equal weight" rating on December 20th.

According to MarketBeat data, six investment analysts currently rate the stock as a hold, while three analysts have given it a buy rating. The consensus rating for Janus Henderson Group is classified as "Hold" with an average price target estimated at $47.38.

Stock Performance Update

During midday trading on Tuesday, shares of NYSE:JHG increased by 0.3%, reaching a price of $37.94. Around 1,163,955 shares changed hands, surpassing the average volume of 999,115 shares. The company's fifty-day moving average stands at $41.52, and its two-hundred-day moving average is also $41.52. Janus Henderson Group's debt-to-equity ratio is 0.08, while the quick and current ratios are at 2.08 and 3.08, respectively. The stock has seen a twelve-month low of $30.35 and a high of $46.68. Presently, the company holds a market capitalization of approximately $5.98 billion, with a price-to-earnings (P/E) ratio of 14.82 and a P/E/G ratio of 0.66.

Janus Henderson Group reported its last quarterly earnings on January 31st, where it achieved an earnings per share (EPS) of $1.07, which exceeded analysts' predictions of $0.94 by $0.13. The company recorded a return on equity of 12.18% alongside a net margin of 16.38%. In comparison to the same quarter last year, when the firm earned $0.82 EPS, this marks significant growth. Analysts project Janus Henderson Group to post an EPS of 3.75 for the current fiscal year.

Institutional Investor Movements

Several large investors have adjusted their stakes in Janus Henderson Group recently. For instance, Vanguard Group Inc. increased its holdings by 1.5% during the fourth quarter, now owning a total of 14,148,813 shares valued at $601,749,000 after buying an additional 203,330 shares. Millennium Management LLC raised its stake by 23.9% in the same period, now holding 7,247,633 shares worth approximately $308,242,000 following an acquisition of 1,399,781 shares. Furthermore, Charles Schwab Investment Management Inc. lifted its holding by 3.3%, now owning 4,593,441 shares valued at $195,359,000 after a purchase of 147,362 shares. Northern Trust Corp also raised its stake by 8.4%, owning 2,320,796 shares valued at $98,703,000 post acquisition of an additional 180,726 shares. Geode Capital Management LLC increased its investment in Janus Henderson Group by 0.6%, now possessing 2,124,618 shares worth $80,907,000 after acquiring 12,884 shares in the previous quarter. Currently, institutional investors hold 87.94% of the company's stock.

Company Background

Janus Henderson Group plc is an asset management holding firm that operates through its subsidiaries, providing services to institutional clients, retail investors, and high-net-worth individuals. The company manages diversified client-focused portfolios in equity and fixed-income investments. Additionally, it oversees equity, fixed income, and balanced mutual funds for various clients.

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