Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Hold” from Analysts

Janus Henderson Group plc (NYSE:JHG) has been given a consensus recommendation of “Hold” by the eight analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $43.38.

Several equities research analysts have recently weighed in on JHG shares. TD Cowen upped their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Morgan Stanley upped their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. UBS Group increased their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $42.55 on Friday. Janus Henderson Group has a 12 month low of $28.19 and a 12 month high of $45.74. The company has a market cap of $6.77 billion, a P/E ratio of 16.82, a P/E/G ratio of 0.62 and a beta of 1.48. The business’s 50 day moving average is $43.07 and its two-hundred day moving average is $38.31. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $600.88 million. During the same quarter last year, the firm earned $0.64 EPS. Janus Henderson Group’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, equities analysts expect that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were paid a $0.39 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.67%. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. 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. Larson Financial Group LLC boosted its stake in Janus Henderson Group by 401.6% during the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after acquiring an additional 1,000 shares in the last quarter. Huntington National Bank raised its stake in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares during the period. Addison Advisors LLC grew its position in Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after purchasing an additional 642 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Janus Henderson Group by 70.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after acquiring an additional 575 shares during the last quarter. Institutional investors 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.