Janus Henderson Group (NYSE:JHG) Hits New 1-Year High – Here’s Why

Janus Henderson Group plc (NYSE:JHG) hit a new 52-week high on Wednesday . The company traded as high as $45.87 and last traded at $45.79, with a volume of 964039 shares changing hands. The stock had previously closed at $44.02.

Analysts Set New Price Targets

A number of analysts recently commented on JHG shares. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. UBS Group upped their price target on Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday. Wells Fargo & Company raised their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Finally, The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $46.75.

Janus Henderson Group Stock Up 4.4 %

The firm has a 50-day moving average of $43.30 and a two-hundred day moving average of $40.38. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period last year, the business earned $0.82 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 3.74 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 3.40%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Institutional Trading of Janus Henderson Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP increased its position in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. Richardson Financial Services Inc. increased its holdings in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after purchasing an additional 363 shares during the period. UMB Bank n.a. increased its holdings in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares during the period. Huntington National Bank raised its position in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after buying an additional 240 shares during the last quarter. Finally, Addison Advisors LLC lifted its stake in shares of Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after buying an additional 642 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.