Janus Henderson Group's Stock Price Target Raised by UBS Group

UBS Group has increased its target price for Janus Henderson Group (NYSE:JHG) from $42.00 to $45.00, as stated in a research note released on Monday. The investment firm has assigned a "neutral" rating to the stock, suggesting a potential return of about 1.24% from its previous close.

Various other analysts have also weighed in on Janus Henderson Group's stock. On January 7, JPMorgan Chase & Co. reduced their target price from $45.00 to $44.00 while maintaining a "neutral" rating. In contrast, TD Cowen raised their target from $46.00 to $50.00 and assigned a "buy" rating on November 1. Wells Fargo & Company adjusted their target price from $43.00 to $46.00 with an "equal weight" rating on the following Monday. Additionally, on January 6, the Goldman Sachs Group upgraded their rating from "sell" to "neutral" and increased their target price from $42.00 to $45.00. Evercore ISI also raised their target from $40.00 to $43.00, issuing an "in-line" rating on November 7. Currently, there are eight analysts rating the stock as a hold and one issuing a buy rating. According to MarketBeat.com, Janus Henderson Group has an average rating of "Hold" along with an average target price of $45.63.

Performance of Janus Henderson Group Stock

On Monday, shares of Janus Henderson Group traded down by $0.48, reaching $44.45. The trading volume for the day was 222,716 shares, which is below the average volume of 888,818. The company showcases a quick ratio of 2.08, a current ratio of 3.08, and a debt-to-equity ratio of 0.08. Janus Henderson Group has a market capitalization of $7.07 billion and a price-to-earnings ratio of 17.31, along with a P/E/G ratio of 0.62 and a beta of 1.50. Over the past year, the company recorded a low of $29.50 and a high of $45.74, with a 50-day moving average price of $43.34 and a 200-day moving average price of $40.25.

In the latest earnings release on January 31, Janus Henderson Group reported earnings of $1.07 per share, surpassing the consensus estimate of $0.94 by $0.13. The company achieved a net margin of 16.38% and a return on equity of 12.18%. In the same period last year, the company earned $0.82 EPS. Analysts are projecting Janus Henderson Group to report 3.74 EPS for the current fiscal year.

Institutional Investors in Janus Henderson Group

Numerous hedge funds have adjusted their stakes in Janus Henderson Group recently. For instance, Huntington National Bank increased its position by 24.5% in the third quarter, owning 1,219 shares worth $46,000 after acquiring an additional 240 shares. Similarly, UMB Bank n.a. raised its stake by 56.5% in the fourth quarter, bringing its total to 787 shares worth $33,000 after acquiring 284 shares. Richardson Financial Services Inc. grew its position by an impressive 89.4% during the same quarter, holding 769 shares valued at $33,000 after an additional purchase of 363 shares. GAMMA Investing LLC and Assetmark Inc. also made notable increases to their holdings. Overall, institutional investors control around 87.94% of Janus Henderson Group's stock.

About Janus Henderson Group

Janus Henderson Group plc is a global asset management firm that offers services to a wide array of clients, including institutional, retail, and high-net-worth individuals. The firm manages diverse portfolios focusing on equity and fixed income and operates various mutual funds tailored to client needs.

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