Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $44.75

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

JHG has been the topic of a number of analyst reports. TD Cowen increased their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Wells Fargo & Company reduced their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. lowered their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th.

Janus Henderson Group Stock Up 1.9 %

Shares of JHG opened at $42.91 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $6.82 billion, a PE ratio of 16.96, a P/E/G ratio of 0.51 and a beta of 1.50. The firm’s 50 day moving average is $43.58 and its 200-day moving average is $39.59. Janus Henderson Group has a 12 month low of $28.23 and a 12 month high of $45.74.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the prior year, the company posted $0.64 EPS. The company’s revenue was up 19.9% compared to the same quarter last year. Equities research analysts forecast that Janus Henderson Group will post 3.46 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.64%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Hedge Funds Weigh In On Janus Henderson Group

Several large investors have recently bought and sold shares of the company. Quarry LP grew its holdings in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the last quarter. UMB Bank n.a. grew its holdings in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the last quarter. Huntington National Bank increased its position in 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 acquiring an additional 240 shares during the period. Addison Advisors LLC raised its stake in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after acquiring an additional 575 shares during 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.