Janus Henderson Group plc (NYSE:JHG) Receives $30.37 Average PT from Brokerages

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus rating of “Hold” by the eight analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $30.37.

A number of brokerages have issued reports on JHG. Morgan Stanley upped their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. UBS Group upped their price target on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research report on Friday, April 12th. Finally, The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd.

Janus Henderson Group Trading Down 0.5 %

JHG opened at $33.55 on Friday. The company has a market cap of $5.38 billion, a P/E ratio of 12.66, a PEG ratio of 0.98 and a beta of 1.51. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average is $33.10 and its 200-day moving average is $31.55. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $34.96.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $551.70 million for the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. Equities research analysts predict that Janus Henderson Group will post 2.98 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.56 annualized dividend and a dividend yield of 4.65%. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Institutional Trading of Janus Henderson Group

Several large investors have recently made changes to their positions in JHG. Hexagon Capital Partners LLC raised its holdings in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after buying an additional 509 shares during the last quarter. Neo Ivy Capital Management bought a new stake in shares of Janus Henderson Group during the third quarter worth about $39,000. EverSource Wealth Advisors LLC raised its holdings in shares of Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after acquiring an additional 369 shares during the last quarter. Abich Financial Wealth Management LLC lifted its position in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after acquiring an additional 419 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Janus Henderson Group during the 4th quarter valued at about $52,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.