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

Shares of Janus Henderson Group plc (NYSE:JHG) have received an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $43.38.

Several research analysts have weighed in on the stock. UBS Group upped their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. 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. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st.

Janus Henderson Group Trading Up 2.0 %

Shares of JHG stock opened at $42.55 on Friday. The business’s fifty day moving average price is $43.07 and its 200 day moving average price is $38.31. Janus Henderson Group has a 1-year low of $28.19 and a 1-year high of $45.74. The firm has a market capitalization of $6.77 billion, a PE ratio of 16.82, a P/E/G ratio of 0.62 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate 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. During the same period in the previous year, the firm earned $0.64 EPS. The business’s revenue was up 19.9% on a year-over-year basis. As a group, sell-side analysts forecast that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Institutional Investors Weigh In On Janus Henderson Group

A number of large investors have recently added to or reduced their stakes in JHG. Quarry LP raised its stake in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares in the last quarter. Huntington National Bank raised its position in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after buying an additional 1,000 shares in the last quarter. Addison Advisors LLC boosted its holdings 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 worth $48,000 after buying an additional 642 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after buying an additional 575 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

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.