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

Janus Henderson Group plc (NYSE:JHG) has earned a consensus recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $44.75.

JHG has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Morgan Stanley lifted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. JPMorgan Chase & Co. dropped their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $40.93 on Wednesday. The company has a market capitalization of $6.51 billion, a PE ratio of 16.18, a P/E/G ratio of 0.62 and a beta of 1.50. Janus Henderson Group has a one year low of $28.19 and a one year high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The company has a 50-day simple moving average of $43.71 and a two-hundred day simple moving average of $39.49.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The company’s revenue was up 19.9% on a year-over-year basis. Research analysts expect that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.81%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently modified their holdings of the business. 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 valued at $272,741,000 after purchasing an additional 344,582 shares during the period. Millennium Management LLC boosted its stake in shares of Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after buying an additional 1,809,249 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Janus Henderson Group by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after buying an additional 36,711 shares during the period. Ariel Investments LLC grew its position in shares of Janus Henderson Group by 0.7% during the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after buying an additional 16,653 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after buying an additional 12,884 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.