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 traded. The stock had previously closed at $45.25.

A number of other brokerages have also commented on JHG. UBS Group lifted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Morgan Stanley lifted their price target on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Finally, The Goldman Sachs Group lifted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. One research 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. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and an average price target of $41.75.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 over the last ninety days. 19.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its stake in Janus Henderson Group by 77.7% in the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after acquiring an additional 110,136 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its stake in Janus Henderson Group by 33.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock valued at $4,052,000 after acquiring an additional 31,261 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Janus Henderson Group by 177.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock valued at $6,865,000 after acquiring an additional 133,356 shares during the period. Foundry Partners LLC acquired a new stake in Janus Henderson Group in the second quarter valued at approximately $566,000. Finally, Jane Street Group LLC grew its stake in Janus Henderson Group by 536.7% in the first quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock valued at $4,995,000 after acquiring an additional 128,021 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Down 0.2 %

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

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share. As a group, analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.51%. Janus Henderson Group’s payout ratio is 61.66%.

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.