Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Hold” from Analysts

Janus Henderson Group plc (NYSE:JHG) has earned an average rating of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $44.75.

Several research analysts have weighed in on JHG shares. JPMorgan Chase & Co. decreased their price objective on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Wells Fargo & Company dropped their price objective on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. UBS Group increased their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th.

Janus Henderson Group Stock Up 1.6 %

Shares of NYSE:JHG opened at $43.55 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a 1 year low of $28.52 and a 1 year high of $45.74. The stock has a 50-day simple moving average of $43.54 and a 200-day simple moving average of $39.72. The stock has a market capitalization of $6.92 billion, a P/E ratio of 17.21, a PEG ratio of 0.59 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. The business’s quarterly revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. Equities analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Institutional Trading of Janus Henderson Group

Large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its holdings in shares of Janus Henderson Group by 79.8% during the second quarter. Commonwealth Equity Services LLC now owns 13,182 shares of the company’s stock worth $444,000 after purchasing an additional 5,850 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Janus Henderson Group by 94.5% during the 2nd quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock valued at $97,000 after buying an additional 1,411 shares during the period. Choreo LLC purchased a new position in shares of Janus Henderson Group during the 2nd quarter valued at $414,000. Envestnet Asset Management Inc. increased its stake in shares of Janus Henderson Group by 201.2% in the second quarter. Envestnet Asset Management Inc. now owns 102,614 shares of the company’s stock worth $3,459,000 after acquiring an additional 68,544 shares during the last quarter. Finally, WINTON GROUP Ltd raised its holdings in shares of Janus Henderson Group by 97.7% during the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock worth $946,000 after acquiring an additional 13,861 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.