Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $27.93

Janus Henderson Group plc (NYSE:JHG) has received an average rating of “Reduce” from the nine analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $28.43.

JHG has been the subject of several analyst reports. UBS Group boosted their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. TD Cowen began 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 target price on the stock. Morgan Stanley boosted their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. upgraded Janus Henderson Group from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $28.00 to $31.00 in a report on Friday, February 2nd.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 30,656 shares of the firm’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 transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now 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 this hyperlink. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. Insiders sold a total of 70,133 shares of company stock worth $2,172,459 in the last ninety days. Insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JHG. Point72 Asset Management L.P. purchased a new stake in shares of Janus Henderson Group during the second quarter valued at approximately $30,000. Hexagon Capital Partners LLC increased its stake 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 worth $36,000 after buying an additional 509 shares during the period. Neo Ivy Capital Management acquired a new position in Janus Henderson Group in the 3rd quarter worth $39,000. EverSource Wealth Advisors LLC boosted its position in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the last quarter. Finally, Advisory Services Network LLC grew its stake in shares of Janus Henderson Group by 486.3% during the first 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 in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Up 0.7 %

JHG stock opened at $30.68 on Monday. 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 has a 12 month low of $22.17 and a 12 month high of $33.25. The firm has a market capitalization of $4.95 billion, a PE ratio of 12.95, a P/E/G ratio of 1.51 and a beta of 1.53. The company’s 50 day simple moving average is $31.63 and its 200-day simple moving average is $28.63.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, February 1st. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $520.26 million. During the same quarter in the prior year, the firm earned $0.61 EPS. Janus Henderson Group’s quarterly revenue was up 10.3% on a year-over-year basis. Equities analysts expect that Janus Henderson Group will post 2.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, February 9th. This represents a $1.56 annualized dividend and a dividend yield of 5.08%. Janus Henderson Group’s dividend payout ratio is presently 65.82%.

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.