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

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $47.38.

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Wells Fargo & Company lifted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $35.97 on Monday. The company has a fifty day moving average price of $41.20 and a 200 day moving average price of $41.55. The firm has a market cap of $5.67 billion, a PE ratio of 14.05, a PEG ratio of 0.66 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 1-year low of $30.35 and a 1-year high of $46.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (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. Research analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s payout ratio is currently 60.94%.

Institutional Trading of Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of JHG. Norges Bank acquired a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $83,525,000. Castlekeep Investment Advisors LLC bought a new position in Janus Henderson Group during the fourth quarter worth $74,989,000. Millennium Management LLC increased its holdings in shares of Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock valued at $308,242,000 after purchasing an additional 1,399,781 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Janus Henderson Group by 350.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock valued at $40,463,000 after purchasing an additional 827,132 shares during the period. Finally, Point72 Asset Management L.P. raised its position in shares of Janus Henderson Group by 113.7% in the fourth quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company’s stock valued at $42,981,000 after purchasing an additional 537,700 shares during the period. 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.