Janus Henderson Group (NYSE:JHG) Upgraded to “Buy” at UBS Group

UBS Group upgraded shares of Janus Henderson Group (NYSE:JHG) from a neutral rating to a buy rating in a research note released on Monday, Marketbeat reports. UBS Group currently has $50.00 price objective on the stock, up from their previous price objective of $45.00.

Several other research firms have also recently weighed in on JHG. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Wells Fargo & Company increased their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Morgan Stanley lifted their price objective on shares of 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. Evercore ISI lifted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $42.27 on Monday. 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 $30.35 and a 52 week high of $46.68. The firm has a fifty day moving average of $43.13 and a two-hundred day moving average of $41.18. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 0.66 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter in the previous year, the company earned $0.82 earnings per share. As a group, equities research analysts predict that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.69%. Janus Henderson Group’s payout ratio is 60.94%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Huntington National Bank boosted its stake in shares of Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Janus Henderson Group by 2.3% during the fourth quarter. US Bancorp DE now owns 11,003 shares of the company’s stock worth $468,000 after purchasing an additional 243 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Janus Henderson Group by 4.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company’s stock worth $270,000 after buying an additional 270 shares during the period. UMB Bank n.a. boosted its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Finally, Callan Capital LLC boosted its stake in shares of Janus Henderson Group by 5.3% in the 4th quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock valued at $244,000 after purchasing an additional 287 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.