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

Janus Henderson Group plc (NYSE:JHG) has received an average rating of “Hold” from the eight analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $30.37.

JHG has been the topic of a number of research analyst reports. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. TD Cowen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and increased their target price for the company from $34.00 to $37.00 in a report on Wednesday, May 15th. UBS Group increased their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a report on Friday, April 12th. Morgan Stanley increased their price target on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 17th. Finally, The Goldman Sachs Group increased their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of JHG. Silchester International Investors LLP lifted its position in Janus Henderson Group by 6.5% during the 4th quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock valued at $448,893,000 after acquiring an additional 914,200 shares during the period. Norges Bank bought a new stake in shares of Janus Henderson Group in the fourth quarter worth approximately $20,791,000. Dimensional Fund Advisors LP grew its stake in shares of Janus Henderson Group by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,444,113 shares of the company’s stock worth $224,442,000 after acquiring an additional 419,392 shares during the period. Qube Research & Technologies Ltd grew its stake in shares of Janus Henderson Group by 113.1% in the third quarter. Qube Research & Technologies Ltd now owns 433,739 shares of the company’s stock worth $11,199,000 after acquiring an additional 230,167 shares during the period. Finally, Smith Group Asset Management LLC bought a new stake in shares of Janus Henderson Group in the first quarter worth approximately $7,190,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG opened at $33.70 on Friday. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $34.96. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64. The stock has a market capitalization of $5.41 billion, a PE ratio of 12.72, a P/E/G ratio of 0.98 and a beta of 1.50. The company’s 50 day simple moving average is $33.10 and its two-hundred day simple moving average is $31.51.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company posted $0.55 EPS. Analysts predict that Janus Henderson Group will post 2.98 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a yield of 4.63%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

About Janus Henderson Group

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.