Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $26.93

Shares of Janus Henderson Group plc (NYSE:JHG) have earned an average rating of “Hold” from the nine analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $26.93.

Several brokerages have recently weighed in on JHG. UBS Group upped their price objective on Janus Henderson Group from $27.00 to $28.00 and gave the company a “sell” rating in a report on Monday, February 5th. Morgan Stanley upped their target price on Janus Henderson Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, January 19th. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. JPMorgan Chase & Co. raised Janus Henderson Group from an “underweight” rating to a “neutral” rating and upped their target price for the company from $28.00 to $31.00 in a report on Friday, February 2nd. Finally, TD Cowen initiated coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a “market perform” rating and a $30.00 target price for the company.

Janus Henderson Group Trading Up 2.5 %

Shares of JHG stock opened at $32.98 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $32.98. The stock has a fifty day moving average of $30.75 and a two-hundred day moving average of $27.97. The firm has a market capitalization of $5.32 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 1.14 and a beta of 1.52.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. The business had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 earnings per share. As a group, research analysts expect that Janus Henderson Group will post 2.7 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is 65.82%.

Insider Activity at Janus Henderson Group

In related news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,133 shares of company stock valued at $2,172,459. Company insiders own 18.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new position in Janus Henderson Group in the 2nd quarter worth about $30,000. Hexagon Capital Partners LLC increased its holdings in shares of Janus Henderson Group by 72.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after acquiring an additional 509 shares during the last quarter. Neo Ivy Capital Management acquired a new position in shares of Janus Henderson Group during the 3rd quarter valued at about $39,000. EverSource Wealth Advisors LLC increased its holdings in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after acquiring an additional 369 shares during the last quarter. Finally, Advisory Services Network LLC increased its holdings in shares of Janus Henderson Group by 486.3% during the 1st quarter. Advisory Services Network LLC now owns 1,495 shares of the company’s stock valued at $40,000 after acquiring an additional 1,240 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.