Janus Henderson Group plc (NYSE:JHG) Receives $44.75 Consensus PT from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have received a consensus rating of “Hold” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $44.75.

A number of brokerages recently issued reports on JHG. UBS Group boosted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Morgan Stanley boosted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company 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 note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of 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, Wells Fargo & Company dropped their target price on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th.

Janus Henderson Group Price Performance

JHG stock opened at $42.91 on Wednesday. The firm has a 50 day simple moving average of $43.58 and a two-hundred day simple moving average of $39.66. The stock has a market cap of $6.82 billion, a PE ratio of 16.96, a P/E/G ratio of 0.51 and a beta of 1.50. Janus Henderson Group has a one year low of $28.23 and a one year high of $45.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. Janus Henderson Group’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period last year, the company earned $0.64 EPS. On average, analysts predict that Janus Henderson Group will post 3.46 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.64%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHG. Huntington National Bank grew its position in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the period. UMB Bank n.a. grew its holdings 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 during the period. Abich Financial Wealth Management LLC increased its position in Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after buying an additional 377 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after buying an additional 382 shares during the period. Finally, Assetmark Inc. lifted its position in shares of Janus Henderson Group by 9.1% during the 3rd quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock valued at $194,000 after buying an additional 425 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.