Janus Henderson Group (NYSE:JHG – Get Rating) is set to release its earnings data before the market opens on Thursday, February 2nd. Analysts expect Janus Henderson Group to post earnings of $0.42 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Janus Henderson Group (NYSE:JHG – Get Rating) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.11. Janus Henderson Group had a net margin of 17.16% and a return on equity of 11.27%. The firm had revenue of $512.90 million for the quarter, compared to analysts’ expectations of $500.27 million. On average, analysts expect Janus Henderson Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Janus Henderson Group Price Performance
Shares of NYSE:JHG opened at $25.68 on Thursday. The firm’s 50 day moving average price is $25.11 and its 200-day moving average price is $24.07. The stock has a market capitalization of $4.25 billion, a PE ratio of 10.44 and a beta of 1.47. Janus Henderson Group has a twelve month low of $19.09 and a twelve month high of $38.63. The company has a quick ratio of 2.33, a current ratio of 3.07 and a debt-to-equity ratio of 0.07.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. StockNews.com assumed coverage on shares of Janus Henderson Group in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Wells Fargo & Company began coverage on shares of Janus Henderson Group in a report on Wednesday, December 14th. They set an “underweight” rating and a $24.00 price objective for the company. Credit Suisse Group cut their price objective on shares of Janus Henderson Group from $18.00 to $17.00 and set an “underperform” rating for the company in a report on Friday, October 28th. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $17.00 to $20.00 and gave the company a “sell” rating in a report on Wednesday, November 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $21.00 to $25.00 and gave the company a “hold” rating in a report on Tuesday, November 15th. Six equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $20.64.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Canada Pension Plan Investment Board bought a new stake in Janus Henderson Group in the first quarter worth $438,000. United Services Automobile Association bought a new stake in Janus Henderson Group in the second quarter worth $426,000. Cambridge Investment Research Advisors Inc. lifted its position in Janus Henderson Group by 100.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,194 shares of the company’s stock worth $392,000 after buying an additional 5,599 shares during the last quarter. US Bancorp DE lifted its position in Janus Henderson Group by 5.7% in the first quarter. US Bancorp DE now owns 10,109 shares of the company’s stock worth $354,000 after buying an additional 542 shares during the last quarter. Finally, Eaton Vance Management lifted its position in Janus Henderson Group by 339.6% in the first quarter. Eaton Vance Management now owns 9,509 shares of the company’s stock worth $333,000 after buying an additional 7,346 shares during the last quarter. 85.01% of the stock is owned by hedge funds and other institutional investors.
About Janus Henderson Group
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.