Brokerages Set Janus Henderson Group plc (NYSE:JHG) PT at $32.92

Shares of Janus Henderson Group plc (NYSE:JHG) have earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $33.33.

A number of analysts have recently issued reports on JHG shares. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. increased their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Wells Fargo & Company initiated coverage on shares of Janus Henderson Group in a report on Thursday, September 12th. They set an “equal weight” rating and a $37.00 price target on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Thursday, August 15th. Finally, TD Cowen boosted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were purchased at an average price of $3.20 per share, with a total value of $607,539.20. Following the completion of the acquisition, the insider now directly owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 492,997 shares of company stock valued at $1,667,418 and have sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds have recently modified their holdings of the business. Quadrature Capital Ltd acquired a new position in Janus Henderson Group during the 4th quarter valued at $834,000. CHURCHILL MANAGEMENT Corp acquired a new stake in Janus Henderson Group during the first quarter worth about $6,793,000. Duality Advisers LP bought a new position in Janus Henderson Group during the first quarter valued at about $2,741,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Janus Henderson Group by 163.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after acquiring an additional 29,181 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in Janus Henderson Group by 77.7% in the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after acquiring an additional 110,136 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Down 0.1 %

NYSE JHG opened at $37.71 on Thursday. The firm’s 50 day moving average price is $36.08 and its two-hundred day moving average price is $33.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $39.11. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 0.72 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. During the same period in the previous year, the firm earned $0.62 earnings per share. Janus Henderson Group’s quarterly revenue was up 13.9% on a year-over-year basis. Equities analysts anticipate that Janus Henderson Group will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were paid a dividend of $0.39 per share. The ex-dividend date was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 4.14%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

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.