Janus Henderson Group plc (NYSE:JHG) Receives $47.38 Average Target Price from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus recommendation of “Hold” by the eight research firms that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $47.38.

JHG has been the subject of a number of recent research reports. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. UBS Group upgraded shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $44.00 to $53.00 in a research report on Wednesday, February 5th.

Institutional Trading of Janus Henderson Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP raised its position in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares during the last quarter. UMB Bank n.a. raised its position in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Richardson Financial Services Inc. raised its position in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares during the last quarter. True Wealth Design LLC raised its position in Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Finally, Huntington National Bank raised its position in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.4 %

Shares of JHG stock opened at $37.54 on Thursday. Janus Henderson Group has a fifty-two week low of $30.35 and a fifty-two week high of $46.68. The company has a 50 day moving average price of $42.37 and a 200 day moving average price of $41.46. 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 has a market capitalization of $5.91 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company earned $0.82 earnings per share. Equities research analysts predict that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 4.16%. Janus Henderson Group’s dividend payout ratio (DPR) is 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.