Janus Henderson Group (NYSE:JHG) Price Target Increased to $31.00 by Analysts at UBS Group

Janus Henderson Group (NYSE:JHG) had its target price boosted by UBS Group from $30.00 to $31.00 in a research report released on Wednesday morning, Benzinga reports. UBS Group currently has a sell rating on the stock.

JHG has been the subject of a number of other reports. TD Cowen boosted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company a buy rating in a research report on Monday. JPMorgan Chase & Co. boosted their target price on Janus Henderson Group from $35.00 to $36.00 and gave the company a neutral rating in a research report on Friday, May 3rd. The Goldman Sachs Group boosted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a sell rating in a report on Tuesday, April 2nd. StockNews.com lowered Janus Henderson Group from a buy rating to a hold rating in a report on Friday, May 3rd. Finally, Morgan Stanley boosted their price objective 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. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of Hold and an average price target of $30.59.

Janus Henderson Group Stock Performance

JHG stock opened at $35.10 on Wednesday. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $35.11. The firm has a market cap of $5.63 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 0.99 and a beta of 1.51. The stock has a 50-day moving average price of $33.57 and a 200-day moving average price of $31.79. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07.

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

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were paid a $0.39 dividend. The ex-dividend date was Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.44%. Janus Henderson Group’s payout ratio is presently 58.87%.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Versant Capital Management Inc purchased a new position in shares of Janus Henderson Group in the 2nd quarter worth approximately $34,000. Hexagon Capital Partners LLC boosted its stake in shares of Janus Henderson Group by 72.6% in the 4th 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. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 369 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in shares of 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 worth $47,000 after buying an additional 419 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in shares of Janus Henderson Group in the 3rd quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.