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

Janus Henderson Group plc (NYSE:JHG) has earned a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $38.63.

A number of analysts have commented on JHG shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. TD Cowen increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. JPMorgan Chase & Co. boosted their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. UBS Group raised their target price on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley boosted their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th.

Janus Henderson Group Stock Up 0.3 %

JHG opened at $41.31 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. Janus Henderson Group has a 12 month low of $22.78 and a 12 month high of $42.46. The stock’s 50 day moving average price is $38.31 and its 200 day moving average price is $35.46. The stock has a market cap of $6.63 billion, a P/E ratio of 15.59, a P/E/G ratio of 0.76 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The business had revenue of $588.40 million for the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 earnings per share. As a group, research analysts predict that Janus Henderson Group will post 3.26 earnings per share for the current year.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the sale, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 in the last quarter. 19.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of JHG. Millennium Management LLC lifted its stake in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after acquiring an additional 1,809,249 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Janus Henderson Group by 64.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after purchasing an additional 473,308 shares during the period. Principal Financial Group Inc. lifted its position in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after purchasing an additional 467,049 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares during the period. Finally, Marshall Wace LLP grew its position in Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company’s stock valued at $33,738,000 after purchasing an additional 327,819 shares in the last quarter. Hedge funds and other institutional investors 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.