Janus Henderson Group (NYSE:JHG) Lowered to “Hold” Rating by StockNews.com

StockNews.com lowered shares of Janus Henderson Group (NYSE:JHG) from a buy rating to a hold rating in a research note published on Tuesday morning.

A number of other equities research analysts also recently commented on JHG. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Wells Fargo & Company increased their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, February 3rd. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Morgan Stanley increased their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Finally, UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group has a consensus rating of “Hold” and a consensus target price of $47.38.

Janus Henderson Group Trading Up 0.3 %

JHG opened at $37.94 on Tuesday. The business has a fifty day moving average price of $41.52 and a 200 day moving average price of $41.52. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group has a 12 month low of $30.35 and a 12 month high of $46.68. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the firm earned $0.82 earnings per share. Sell-side analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.11%. Janus Henderson Group’s dividend payout ratio is presently 60.94%.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP boosted its stake 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 buying an additional 509 shares during the period. UMB Bank n.a. raised its stake in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the last quarter. Richardson Financial Services Inc. lifted its position in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the period. True Wealth Design LLC grew its stake in shares of Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Janus Henderson Group by 33.9% in the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the period. Hedge funds and other 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.