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

Janus Henderson Group plc (NYSE:JHG) has been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $41.75.

A number of analysts have recently commented on the company. Wells Fargo & Company lifted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. UBS Group boosted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th.

Insider Buying and Selling at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of JHG. Millennium Management LLC increased its stake in Janus Henderson Group by 43.5% in the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after purchasing an additional 1,809,249 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Janus Henderson Group by 350.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after buying an additional 827,132 shares during the period. AQR Capital Management LLC increased its position in 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 buying an additional 473,308 shares in the last quarter. Principal Financial Group Inc. raised its stake in Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after acquiring an additional 344,582 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

JHG stock opened at $45.24 on Tuesday. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The company has a 50 day simple moving average of $40.88 and a 200 day simple moving average of $37.00. Janus Henderson Group has a 1 year low of $25.39 and a 1 year high of $45.74.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. Janus Henderson Group’s revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 EPS. Research analysts anticipate that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be issued a $0.39 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.45%. Janus Henderson Group’s payout ratio is 61.66%.

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.