Janus Henderson Group (NYSE:JHG) Price Target Raised to $46.00

Janus Henderson Group (NYSE:JHG) had its price target boosted by Wells Fargo & Company from $43.00 to $46.00 in a research report report published on Monday,Benzinga reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also issued reports on JHG. Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Finally, JPMorgan Chase & Co. reduced their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and an average price target of $46.75.

Janus Henderson Group Trading Up 4.4 %

JHG stock opened at $45.94 on Monday. Janus Henderson Group has a one year low of $29.64 and a one year high of $45.99. The company has a market capitalization of $7.30 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. The company’s 50 day moving average price is $43.30 and its two-hundred day moving average price is $40.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter last year, the business earned $0.82 earnings per share. As a group, analysts predict 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. Shareholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.40%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JHG. Bailard Inc. raised its holdings in Janus Henderson Group by 2.5% in the fourth quarter. Bailard Inc. now owns 19,357 shares of the company’s stock worth $823,000 after purchasing an additional 464 shares in the last quarter. US Bancorp DE grew its position in shares of Janus Henderson Group by 2.3% in the 4th quarter. US Bancorp DE now owns 11,003 shares of the company’s stock worth $468,000 after buying an additional 243 shares during the period. Sage Investment Counsel LLC bought a new position in shares of Janus Henderson Group in the 4th quarter worth about $787,000. Mutual of America Capital Management LLC lifted its position in Janus Henderson Group by 34.1% during the 4th quarter. Mutual of America Capital Management LLC now owns 306,051 shares of the company’s stock valued at $13,016,000 after acquiring an additional 77,775 shares during the period. Finally, QRG Capital Management Inc. boosted its stake in Janus Henderson Group by 22.0% during the fourth quarter. QRG Capital Management Inc. now owns 33,524 shares of the company’s stock worth $1,426,000 after acquiring an additional 6,037 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

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.