Janus Henderson Group (NYSE:JHG) Given New $37.00 Price Target at The Goldman Sachs Group

Janus Henderson Group (NYSE:JHG) had its target price hoisted by The Goldman Sachs Group from $36.00 to $37.00 in a report issued on Thursday morning, Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

Several other analysts have also commented on JHG. JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a neutral rating in a research report on Friday, August 2nd. StockNews.com lowered Janus Henderson Group from a buy rating to a hold rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a hold rating in a research report on Thursday, August 15th. TD Cowen upped their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a buy rating in a research report on Monday, July 8th. Finally, UBS Group raised shares of Janus Henderson Group from a sell rating to a neutral rating and increased their target price for the stock from $33.00 to $37.00 in a research note on Monday, September 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Hold and a consensus target price of $33.83.

Janus Henderson Group Stock Down 0.6 %

Shares of NYSE:JHG opened at $37.64 on Thursday. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $39.11. The stock has a market cap of $5.99 billion, a P/E ratio of 14.20, a PEG ratio of 0.77 and a beta of 1.51. The business has a fifty day moving average of $36.60 and a two-hundred day moving average of $34.39. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The firm had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same quarter in the prior year, the firm posted $0.62 earnings per share. Janus Henderson Group’s quarterly revenue was up 13.9% on a year-over-year basis. On average, research analysts expect that Janus Henderson Group will post 3.23 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Insider Activity at Janus Henderson Group

In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. The disclosure for this sale can be found here. Over the last three months, insiders purchased 298,629 shares of company stock worth $980,810 and sold 25,651 shares worth $918,158. 19.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Miller Howard Investments Inc. NY raised its holdings in Janus Henderson Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after purchasing an additional 282 shares in the last quarter. Greenwood Capital Associates LLC lifted its position in Janus Henderson Group by 0.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after acquiring an additional 350 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake 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 valued at $61,000 after acquiring an additional 377 shares in the last quarter. Graypoint LLC grew its holdings in shares of Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after purchasing an additional 410 shares during the last quarter. Finally, Retirement Systems of Alabama grew its holdings in shares of Janus Henderson Group by 0.3% during the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after purchasing an additional 439 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.