UBS Group Boosts Janus Henderson Group (NYSE:JHG) Price Target to $41.00

Janus Henderson Group (NYSE:JHG) had its target price raised by UBS Group from $37.00 to $41.00 in a report released on Tuesday morning, Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other equities analysts have also recently weighed in on JHG. Evercore ISI raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a research note on Friday, October 4th. The Goldman Sachs Group boosted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $38.63.

Janus Henderson Group Trading Down 0.3 %

JHG opened at $39.42 on Tuesday. The firm has a market capitalization of $6.33 billion, a PE ratio of 14.88, a P/E/G ratio of 0.77 and a beta of 1.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. Janus Henderson Group has a fifty-two week low of $22.27 and a fifty-two week high of $41.47. The company’s 50-day moving average is $37.95 and its 200 day moving average is $35.21.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The company had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.62 earnings per share. As a group, research analysts predict that Janus Henderson Group will post 3.25 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.56 annualized dividend and a yield of 3.96%. Janus Henderson Group’s payout ratio is 58.87%.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Janus Henderson Group 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 completion of the transaction, the chief financial officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction 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. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,651 shares of company stock valued at $918,158. Company insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc bought a new position in shares of Janus Henderson Group in the second quarter worth $34,000. Larson Financial Group LLC lifted its holdings in Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after purchasing an additional 1,000 shares in the last quarter. Abich Financial Wealth Management LLC boosted its stake in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the period. GAMMA Investing LLC increased its position in shares of Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after buying an additional 1,500 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Janus Henderson Group by 24.6% during the third quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock valued at $85,000 after buying an additional 442 shares during the period. 87.94% of the stock is owned by institutional investors.

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.