Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $41.75

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

A number of analysts have issued reports on JHG shares. Deutsche Bank Aktiengesellschaft lifted their price objective 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. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Evercore ISI boosted their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Wells Fargo & Company increased their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. Finally, UBS Group lifted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd.

Janus Henderson Group Stock Performance

JHG opened at $45.28 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 0.59 and a beta of 1.49. The company has a fifty day moving average of $41.46 and a 200 day moving average of $37.31. Janus Henderson Group has a fifty-two week low of $25.86 and a fifty-two week high of $45.74.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business’s revenue was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 EPS. As a group, sell-side analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current fiscal 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 given a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.45%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Insider Activity

In related news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors have recently made changes to their positions in the company. Millennium Management LLC grew its holdings in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after acquiring an additional 1,809,249 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Janus Henderson Group by 350.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after buying an additional 827,132 shares during the period. AQR Capital Management LLC increased its position in shares of Janus Henderson Group by 64.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after acquiring an additional 473,308 shares during the period. Principal Financial Group Inc. raised its stake in Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after acquiring an additional 467,049 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after acquiring an additional 344,582 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.