Janus Henderson Group (NYSE:JHG) Hits New 1-Year High After Analyst Upgrade

Janus Henderson Group plc (NYSE:JHG) shares reached a new 52-week high during mid-day trading on Tuesday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from $42.00 to $44.00. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Janus Henderson Group traded as high as $45.34 and last traded at $45.31, with a volume of 38403 shares. The stock had previously closed at $45.25.

JHG has been the subject of a number of other reports. TD Cowen upped their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. UBS Group upped their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Wells Fargo & Company upped their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Finally, Morgan Stanley increased their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.75.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on 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 owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on 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 owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 in the last ninety days. 19.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JHG. BNP Paribas Financial Markets raised its position in shares of Janus Henderson Group by 5.1% in the 1st quarter. BNP Paribas Financial Markets now owns 15,908 shares of the company’s stock worth $523,000 after acquiring an additional 777 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of Janus Henderson Group by 21.9% in the 1st quarter. QRG Capital Management Inc. now owns 26,568 shares of the company’s stock worth $874,000 after acquiring an additional 4,779 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Janus Henderson Group by 77.7% in the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after acquiring an additional 110,136 shares in the last quarter. Jupiter Asset Management Ltd. raised its position in shares of Janus Henderson Group by 3.5% in the 1st quarter. Jupiter Asset Management Ltd. now owns 62,759 shares of the company’s stock worth $2,064,000 after acquiring an additional 2,117 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Janus Henderson Group by 33.3% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock worth $4,052,000 after acquiring an additional 31,261 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

The stock has a market cap of $7.07 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. The firm has a 50-day moving average price of $39.33 and a 200-day moving average price of $36.21. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data 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 company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the company earned $0.64 EPS. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

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.