Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Janus Henderson Group (NYSE:JHG) Stock Price

Janus Henderson Group (NYSE:JHG) had its price target hoisted by investment analysts at Deutsche Bank Aktiengesellschaft from $40.00 to $42.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 0.99% from the stock’s previous close.

JHG has been the subject of a number of other reports. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Evercore ISI upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a report on Friday, October 4th. TD Cowen boosted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday. Finally, Morgan Stanley boosted their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $40.75.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG traded up $0.28 during trading on Friday, reaching $41.59. 506,101 shares of the company’s stock traded hands, compared to its average volume of 1,023,313. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The company has a 50 day moving average of $38.31 and a 200-day moving average of $35.46. Janus Henderson Group has a 12 month low of $23.98 and a 12 month high of $42.46. The stock has a market capitalization of $6.62 billion, a P/E ratio of 16.41, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The company’s quarterly revenue was up 19.9% on a year-over-year basis. On average, equities analysts expect that Janus Henderson Group will post 3.28 EPS for the current year.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock valued at $918,158 over the last quarter. 19.60% of the stock is owned by corporate insiders.

Institutional Trading of Janus Henderson Group

A number of hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. increased its position in shares of Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the last quarter. Foster & Motley Inc. purchased a new position in Janus Henderson Group in the third quarter valued at about $306,000. QRG Capital Management Inc. increased its stake in shares of Janus Henderson Group by 2.8% during the 3rd quarter. QRG Capital Management Inc. now owns 27,487 shares of the company’s stock worth $1,046,000 after purchasing an additional 738 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Janus Henderson Group by 34.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 156,129 shares of the company’s stock worth $5,944,000 after purchasing an additional 40,139 shares during the period. Finally, Van ECK Associates Corp increased its position in Janus Henderson Group by 38.2% in the third quarter. Van ECK Associates Corp now owns 75,645 shares of the company’s stock worth $2,975,000 after buying an additional 20,915 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

About Janus Henderson Group

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.