Janus Henderson Group (NYSE:JHG) Reaches New 52-Week High at $33.16

Janus Henderson Group plc (NYSE:JHG)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.16 and last traded at $33.00, with a volume of 36450 shares. The stock had previously closed at $32.98.

Analysts Set New Price Targets

JHG has been the topic of several recent research reports. JPMorgan Chase & Co. raised Janus Henderson Group from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $28.00 to $31.00 in a report on Friday, February 2nd. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. UBS Group upped their price objective on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company a “sell” rating in a research note 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 research report on Friday, January 19th. Finally, TD Cowen assumed coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $26.93.

Janus Henderson Group Stock Up 0.6 %

The firm has a market capitalization of $5.35 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 1.13 and a beta of 1.52. The stock has a fifty day moving average of $30.75 and a 200 day moving average of $27.97. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76.

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%. Janus Henderson Group’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 earnings per share. On average, research analysts anticipate that Janus Henderson Group plc will post 2.7 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 65.82%.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $682,810.68. Following the completion of the transaction, the insider now directly owns 101,623 shares in the company, valued at $3,143,199.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Janus Henderson Group news, insider Georgina Fogo sold 22,076 shares of Janus Henderson Group stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the sale, the insider now owns 101,623 shares of the company’s stock, valued at $3,143,199.39. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group 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 completion of the transaction, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock valued at $2,172,459 in the last 90 days. 19.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new stake in Janus Henderson Group in the second quarter worth $30,000. Hexagon Capital Partners LLC grew its position in 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 purchasing an additional 509 shares during the last quarter. Neo Ivy Capital Management bought a new stake in Janus Henderson Group during the 3rd quarter valued at about $39,000. EverSource Wealth Advisors LLC raised its holdings in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares during the last quarter. Finally, Advisory Services Network LLC lifted its stake in shares of Janus Henderson Group by 486.3% in the first quarter. Advisory Services Network LLC now owns 1,495 shares of the company’s stock worth $40,000 after buying an additional 1,240 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other 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.