Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $32.26

Janus Henderson Group plc (NYSE:JHG) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $32.26.

Several analysts have recently issued reports on the company. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. UBS Group lifted their price objective on shares of Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday, July 10th. Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research note on Thursday, August 15th. TD Cowen lifted their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Finally, JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd.

Janus Henderson Group Stock Down 1.1 %

JHG stock opened at $36.59 on Friday. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $39.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 0.73 and a beta of 1.51. The business’s fifty day moving average price is $35.02 and its two-hundred day moving average price is $33.12.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. During the same period last year, the firm earned $0.62 earnings per share. Janus Henderson Group’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities analysts anticipate that Janus Henderson Group will post 3.23 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Monday, August 12th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.26%. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Insiders Place Their Bets

In other news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the business’s stock in a transaction dated Wednesday, July 24th. The shares were purchased at an average cost of $3.20 per share, with a total value of $607,539.20. Following the completion of the purchase, the insider now owns 2,081,168 shares of the company’s stock, valued at approximately $6,659,737.60. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Henderson Group Plc Janus bought 189,856 shares of the stock in a transaction that occurred on Wednesday, July 24th. The shares were bought at an average cost of $3.20 per share, with a total value of $607,539.20. Following the completion of the transaction, the insider now owns 2,081,168 shares in the company, valued at $6,659,737.60. The disclosure for this purchase can be found here. Insiders bought a total of 492,997 shares of company stock valued at $1,667,418 in the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Miller Howard Investments Inc. NY boosted its holdings in Janus Henderson Group by 2.4% in the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after acquiring an additional 282 shares during the last quarter. Greenwood Capital Associates LLC boosted its stake in shares of Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after purchasing an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares during the period. Abich Financial Wealth Management LLC raised its stake in Janus Henderson Group by 26.5% during the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after buying an additional 377 shares during the last quarter. Finally, Graypoint LLC lifted its holdings in Janus Henderson Group by 4.2% in the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after buying an additional 410 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.