Janus Henderson Group (NYSE:JHG) Given New $44.00 Price Target at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG) had its target price trimmed by JPMorgan Chase & Co. from $45.00 to $44.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Evercore ISI lifted their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $42.00 to $45.00 in a report on Monday. Finally, TD Cowen increased their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and an average target price of $45.00.

Janus Henderson Group Stock Down 2.8 %

JHG opened at $42.05 on Tuesday. Janus Henderson Group has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The company’s 50-day moving average is $43.72 and its 200 day moving average is $39.22. The firm has a market capitalization of $6.69 billion, a P/E ratio of 16.62, a PEG ratio of 0.62 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 EPS. Research analysts expect that Janus Henderson Group will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.71%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Institutional Trading of Janus Henderson Group

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after buying an additional 344,582 shares in the last quarter. WINTON GROUP Ltd boosted its stake in shares of Janus Henderson Group by 97.7% during the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after purchasing an additional 13,861 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in Janus Henderson Group by 210.6% during the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after purchasing an additional 154,778 shares in the last quarter. Verition Fund Management LLC grew its position in shares of Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock worth $933,000 after buying an additional 14,935 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in shares of Janus Henderson Group during the second quarter worth $485,000. 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.