Janus Henderson Group (NYSE:JHG) Given New $46.00 Price Target at Wells Fargo & Company

Janus Henderson Group (NYSE:JHG) had its price target increased by Wells Fargo & Company from $43.00 to $46.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 3.97% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. TD Cowen raised their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. UBS Group raised their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Evercore ISI raised their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Finally, The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $45.13.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded down $0.69 during midday trading on Monday, hitting $44.24. 140,076 shares of the stock traded hands, compared to its average volume of 883,775. The firm has a 50-day moving average of $43.34 and a two-hundred day moving average of $40.25. The firm has a market capitalization of $7.03 billion, a P/E ratio of 17.30, a PEG ratio of 0.62 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a one year low of $29.50 and a one year high of $45.74.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the previous year, the company posted $0.82 EPS. On average, equities analysts forecast that Janus Henderson Group will post 3.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Quarry LP grew its position in Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares in the last quarter. Richardson Financial Services Inc. grew its position in Janus Henderson Group by 89.4% in the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares in the last quarter. UMB Bank n.a. grew its position in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Huntington National Bank grew its position in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares in the last quarter. Finally, Addison Advisors LLC grew its position in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Company Profile

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.