Brokerages Set Janus Henderson Group plc (NYSE:JHG) Target Price at $46.75

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $46.75.

A number of equities research analysts recently issued reports on the company. Evercore ISI upped their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft increased their price target 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. UBS Group increased their price target on Janus Henderson Group from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. TD Cowen increased their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Morgan Stanley increased their price target 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.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Janus Henderson Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock worth $601,749,000 after buying an additional 203,330 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Janus Henderson Group by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after purchasing an additional 147,362 shares in the last quarter. Northern Trust Corp raised its position in Janus Henderson Group by 8.4% in the fourth quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock valued at $98,703,000 after purchasing an additional 180,726 shares during the period. Geode Capital Management LLC lifted its stake in shares of Janus Henderson Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after buying an additional 467,049 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

JHG stock opened at $44.09 on Friday. Janus Henderson Group has a 1 year low of $30.01 and a 1 year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock’s 50 day moving average price is $43.26 and its 200 day moving average price is $40.81. The firm has a market cap of $7.01 billion, a P/E ratio of 17.22, a PEG ratio of 0.71 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period last year, the company posted $0.82 EPS. On average, sell-side analysts expect that Janus Henderson Group will post 3.74 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 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.