Janus Henderson Group plc (JHG) Forecasted to Earn FY2017 Earnings of $2.35 Per Share

Janus Henderson Group plc (NYSE:JHG) – Stock analysts at Jefferies Group boosted their FY2017 EPS estimates for shares of Janus Henderson Group in a research report issued on Wednesday. Jefferies Group analyst D. Fannon now expects that the company will post earnings of $2.35 per share for the year, up from their previous estimate of $2.34. Jefferies Group currently has a “Hold” rating and a $36.00 price objective on the stock.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.04). The firm had revenue of $454.60 million during the quarter, compared to the consensus estimate of $524.44 million. Janus Henderson Group had a net margin of 14.18% and a return on equity of 10.75%. The business’s revenue was up 8.4% compared to the same quarter last year. During the same period last year, the business earned $0.52 earnings per share.

JHG has been the topic of a number of other reports. Citigroup raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 price objective on the stock in a research note on Thursday, November 9th. Deutsche Bank initiated coverage on shares of Janus Henderson Group in a research note on Tuesday, October 17th. They issued a “hold” rating and a $36.00 price objective on the stock. ValuEngine raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $37.00 price objective on shares of Janus Henderson Group in a research note on Friday, November 10th. Finally, Zacks Investment Research raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Friday, January 5th. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $36.75.

Janus Henderson Group (NYSE JHG) opened at $40.03 on Friday. The stock has a market cap of $7,960.00, a P/E ratio of 26.63, a P/E/G ratio of 1.15 and a beta of 2.19. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.17 and a quick ratio of 1.48. Janus Henderson Group has a one year low of $23.90 and a one year high of $40.15.

Institutional investors have recently modified their holdings of the business. Bartlett & Co. LLC acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $101,000. First Manhattan Co. acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $123,000. Envestnet Asset Management Inc. acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $131,000. Trust Co. of Vermont acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $143,000. Finally, Fiduciary Trust Co. acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $210,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

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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.

Earnings History and Estimates for Janus Henderson Group (NYSE:JHG)

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