Janus Henderson Group plc (NYSE:JHG) Receives $46.75 Average PT from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $46.75.

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. Evercore ISI upped their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. UBS Group boosted their price target on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Finally, TD Cowen increased their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC grew its stake in Janus Henderson Group by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock valued at $107,000 after buying an additional 382 shares during the last quarter. CWM LLC grew its position in shares of Janus Henderson Group by 158.3% in the third quarter. CWM LLC now owns 4,484 shares of the company’s stock valued at $171,000 after purchasing an additional 2,748 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of Janus Henderson Group by 57.5% in the third quarter. Ritholtz Wealth Management now owns 18,607 shares of the company’s stock valued at $708,000 after purchasing an additional 6,790 shares during the last quarter. Creative Planning increased its stake in shares of Janus Henderson Group by 10.7% in the third quarter. Creative Planning now owns 31,568 shares of the company’s stock worth $1,202,000 after purchasing an additional 3,044 shares during the period. Finally, Aaron Wealth Advisors LLC acquired a new position in shares of Janus Henderson Group during the 3rd quarter worth about $214,000. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 2.2 %

Janus Henderson Group stock opened at $43.84 on Friday. The company has a 50 day moving average price of $43.32 and a 200 day moving average price of $40.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a 52 week low of $29.64 and a 52 week high of $46.68. The firm has a market capitalization of $6.97 billion, a price-to-earnings ratio of 17.13, a P/E/G ratio of 0.71 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the previous year, the firm earned $0.82 earnings per share. Research analysts forecast that Janus Henderson Group will post 3.74 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is 60.94%.

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.