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

Janus Henderson Group plc (NYSE:JHG) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $46.75.

Several analysts have recently weighed in on the company. Evercore ISI boosted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft upped their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their price objective for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Finally, Wells Fargo & Company upped their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd.

Janus Henderson Group Stock Up 0.8 %

Shares of NYSE JHG opened at $44.09 on Friday. The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 0.71 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. The business has a 50-day moving average of $43.26 and a two-hundred day moving average of $40.81. Janus Henderson Group has a 1 year low of $30.01 and a 1 year high of $46.68.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results 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 business posted $0.82 earnings per share. On average, analysts forecast that Janus Henderson Group will post 3.74 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.54%. The ex-dividend date is Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $83,525,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Janus Henderson Group by 350.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after acquiring an additional 827,132 shares during the period. AQR Capital Management LLC grew its holdings in shares of Janus Henderson Group by 39.8% in the 4th quarter. AQR Capital Management LLC now owns 1,771,147 shares of the company’s stock worth $75,327,000 after acquiring an additional 503,973 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of Janus Henderson Group by 32.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock worth $81,969,000 after acquiring an additional 473,143 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after acquiring an additional 467,049 shares during the period. Institutional investors and hedge funds 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.