Janus Henderson Group plc (NYSE:JHG) Given Average Recommendation of “Hold” by Analysts

Shares of Janus Henderson Group plc (NYSE:JHGGet Free Report) have been assigned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $30.37.

A number of equities research analysts recently commented on the stock. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. TD Cowen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and raised their price target for the stock from $34.00 to $37.00 in a research note on Wednesday, May 15th. JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. The Goldman Sachs Group raised their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research note on Tuesday, April 2nd. Finally, Morgan Stanley increased their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th.

Get Our Latest Stock Analysis on Janus Henderson Group

Janus Henderson Group Stock Performance

NYSE:JHG opened at $32.97 on Tuesday. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $34.96. The stock has a market cap of $5.29 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 0.94 and a beta of 1.50. The firm’s fifty day simple moving average is $32.64 and its 200-day simple moving average is $30.89.

Janus Henderson Group (NYSE:JHGGet Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $551.70 million for the quarter, compared to analysts’ expectations of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 EPS. Analysts expect that Janus Henderson Group will post 2.98 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were issued a $0.39 dividend. The ex-dividend date was Friday, May 10th. This represents a $1.56 annualized dividend and a yield of 4.73%. Janus Henderson Group’s payout ratio is 58.87%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JHG. Arizona State Retirement System raised its holdings in Janus Henderson Group by 1.4% in the third quarter. Arizona State Retirement System now owns 37,734 shares of the company’s stock valued at $974,000 after buying an additional 510 shares during the period. Barclays PLC raised its stake in shares of Janus Henderson Group by 56.2% during the third quarter. Barclays PLC now owns 130,273 shares of the company’s stock valued at $3,363,000 after purchasing an additional 46,877 shares during the period. Amalgamated Bank raised its stake in shares of Janus Henderson Group by 5.3% during the third quarter. Amalgamated Bank now owns 91,463 shares of the company’s stock valued at $2,362,000 after purchasing an additional 4,567 shares during the period. Swiss National Bank raised its stake in shares of Janus Henderson Group by 1.0% during the third quarter. Swiss National Bank now owns 291,305 shares of the company’s stock valued at $7,521,000 after purchasing an additional 2,800 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Janus Henderson Group by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company’s stock valued at $88,522,000 after purchasing an additional 155,037 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

About Janus Henderson Group

(Get Free Report

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.

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Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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