Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $47.38

Janus Henderson Group plc (NYSE:JHG) has earned an average rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $47.38.

A number of equities research analysts have recently commented on JHG shares. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Morgan Stanley lifted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Finally, UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently added to or reduced their stakes in JHG. Quarry LP boosted its position in Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the last quarter. Richardson Financial Services Inc. increased its position in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares during the last quarter. UMB Bank n.a. increased its position in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. True Wealth Design LLC boosted its holdings in Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after acquiring an additional 409 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after acquiring an additional 288 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $36.21 on Thursday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock’s fifty day simple moving average is $42.56 and its two-hundred day simple moving average is $41.48. Janus Henderson Group has a 1-year low of $30.35 and a 1-year high of $46.68. The stock has a market cap of $5.70 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate 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 previous year, the firm posted $0.82 EPS. As a group, analysts forecast that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 4.31%. Janus Henderson Group’s payout ratio is 60.94%.

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.