Janus Henderson Group (NYSE:JHG) PT Raised to $38.00 at Wells Fargo & Company

Janus Henderson Group (NYSE:JHG) had its target price lifted by Wells Fargo & Company from $37.00 to $38.00 in a research report released on Wednesday morning, Benzinga reports. They currently have an equal weight rating on the stock.

Other research analysts have also issued reports about the stock. Evercore ISI upped their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock an in-line rating in a report on Friday, October 4th. TD Cowen lifted their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company a buy rating in a research report on Monday, July 8th. StockNews.com lowered Janus Henderson Group from a buy rating to a hold rating in a research report on Friday, August 16th. Deutsche Bank Aktiengesellschaft upped their price target 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. Finally, JPMorgan Chase & Co. raised their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the company a neutral rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Hold and an average target price of $37.00.

Janus Henderson Group Trading Up 1.2 %

Shares of JHG opened at $39.27 on Wednesday. The firm has a fifty day simple moving average of $36.87 and a two-hundred day simple moving average of $34.69. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $39.64. The stock has a market capitalization of $6.25 billion, a P/E ratio of 13.45, a PEG ratio of 0.75 and a beta of 1.50. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The business had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same quarter in the prior year, the company posted $0.62 EPS. Janus Henderson Group’s quarterly revenue was up 13.9% compared to the same quarter last year. On average, research analysts anticipate that Janus Henderson Group will post 3.26 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 3.97%. Janus Henderson Group’s payout ratio is presently 53.42%.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The stock was purchased at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the purchase, the insider now directly owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock valued at $918,158 in the last quarter. 19.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently made changes to their positions in JHG. Hotchkis & Wiley Capital Management LLC grew its position in Janus Henderson Group by 2.4% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 421,790 shares of the company’s stock valued at $12,717,000 after buying an additional 9,940 shares during the period. Greenwood Capital Associates LLC grew its position in shares of Janus Henderson Group by 0.8% during the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after acquiring an additional 350 shares during the period. Vanguard Group Inc. increased its stake in shares of Janus Henderson Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 13,580,920 shares of the company’s stock worth $409,465,000 after purchasing an additional 40,427 shares in the last quarter. Quadrature Capital Ltd bought a new position in Janus Henderson Group in the 4th quarter worth $834,000. Finally, BTC Capital Management Inc. bought a new position in Janus Henderson Group in the 1st quarter worth $742,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

About Janus Henderson Group

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.