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

Janus Henderson Group plc (NYSE:JHG) has earned a consensus recommendation of “Hold” from the eight brokerages that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $47.38.

Several analysts have recently commented on the company. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Monday. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Finally, Evercore ISI lifted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th.

Janus Henderson Group Stock Performance

JHG opened at $40.17 on Thursday. The firm has a market cap of $6.39 billion, a PE ratio of 15.69, a P/E/G ratio of 0.66 and a beta of 1.50. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $42.92 and a 200-day simple moving average of $41.43. Janus Henderson Group has a fifty-two week low of $30.35 and a fifty-two week high of $46.68.

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. As a group, equities analysts predict that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.88%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Janus Henderson Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock valued at $601,749,000 after buying an additional 203,330 shares in the last quarter. Millennium Management LLC increased its stake in shares of Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock worth $308,242,000 after purchasing an additional 1,399,781 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Janus Henderson Group by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock worth $195,359,000 after purchasing an additional 147,362 shares during the period. Northern Trust Corp increased its stake in shares of Janus Henderson Group by 8.4% in the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock worth $98,703,000 after purchasing an additional 180,726 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the period. 87.94% of the stock is currently owned by institutional investors.

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.