Janus Henderson Group (NYSE:JHG) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Janus Henderson Group (NYSE:JHG) from a hold rating to a buy rating in a research note published on Monday.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Morgan Stanley upped their price objective on 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. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Finally, Evercore ISI raised their price objective 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. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $47.38.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $41.23 on Monday. The firm has a market capitalization of $6.56 billion, a PE ratio of 16.11, a P/E/G ratio of 0.66 and a beta of 1.50. The company has a 50 day moving average price of $43.06 and a 200-day moving average price of $41.42. Janus Henderson Group has a 52 week low of $30.35 and a 52 week high of $46.68. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping 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 period in the prior year, the firm posted $0.82 earnings per share. As a group, equities research analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.78%. Janus Henderson Group’s payout ratio is 60.94%.

Institutional Trading of Janus Henderson Group

Several institutional investors and hedge funds have recently made changes to their positions in JHG. Huntington National Bank increased its holdings in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after buying an additional 240 shares during the period. US Bancorp DE lifted its stake in shares of Janus Henderson Group by 2.3% during the 4th 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 last quarter. Avantax Advisory Services Inc. lifted its stake in shares of 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 purchasing an additional 270 shares during the last quarter. UMB Bank n.a. boosted its position in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares in the last quarter. Finally, Callan Capital LLC raised its holdings in Janus Henderson Group by 5.3% in the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock worth $244,000 after purchasing an additional 287 shares in the last quarter. 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.