Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $41.75

Janus Henderson Group plc (NYSE:JHG) has received a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.75.

JHG has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft upped their target price 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. JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, Wells Fargo & Company lifted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th.

Janus Henderson Group Trading Down 0.1 %

JHG opened at $45.27 on Tuesday. The stock has a 50-day moving average of $41.32 and a 200 day moving average of $37.20. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 12 month low of $25.39 and a 12 month high of $45.74. The firm has a market cap of $7.20 billion, a P/E ratio of 17.89, a P/E/G ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. As a group, research analysts forecast that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Insider Activity

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction dated Thursday, September 12th. The stock was 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 $4,634,087.60. The trade was a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 20.00% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

A number of large investors have recently made changes to their positions in JHG. Quarry LP boosted its holdings 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 acquiring an additional 509 shares in the last quarter. Versant Capital Management Inc acquired a new position in Janus Henderson Group during the 2nd quarter valued at approximately $34,000. Larson Financial Group LLC raised its holdings in shares of Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after buying an additional 1,000 shares during the last quarter. Huntington National Bank lifted its stake in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares during the period. Finally, Abich Financial Wealth Management LLC grew its holdings in shares of Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after buying an additional 419 shares during 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.