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

Shares of Janus Henderson Group plc (NYSE:JHG) have been assigned a consensus rating of “Hold” from the eight brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $41.75.

A number of brokerages have issued reports on JHG. Deutsche Bank Aktiengesellschaft increased their price target 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. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Evercore ISI boosted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. Finally, UBS Group raised their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $44.87 on Tuesday. The stock has a market cap of $7.13 billion, a P/E ratio of 17.74, a P/E/G ratio of 0.59 and a beta of 1.49. The firm’s 50-day simple moving average is $41.59 and its 200 day simple moving average is $37.41. Janus Henderson Group has a fifty-two week low of $26.30 and a fifty-two week high of $45.74. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group’s revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.64 EPS. Equities analysts expect that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.48%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 6.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 20.00% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds have recently modified their holdings of the stock. Huntington National Bank boosted its position in Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. Miller Howard Investments Inc. NY lifted its holdings in shares of Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after buying an additional 282 shares during the last quarter. Abich Financial Wealth Management LLC grew its stake in shares of Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock valued at $61,000 after buying an additional 377 shares in the last quarter. GAMMA Investing LLC increased its holdings in Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after buying an additional 382 shares during the last quarter. Finally, Graypoint LLC raised its position in Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after acquiring an additional 410 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.