Janus Henderson Group (NYSE:JHG) Price Target Raised to $45.00

Janus Henderson Group (NYSE:JHG) had its price target increased by UBS Group from $42.00 to $45.00 in a research report report published on Monday,Benzinga reports. UBS Group currently has a neutral rating on the stock.

JHG has been the subject of a number of other reports. JPMorgan Chase & Co. decreased their target price on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Morgan Stanley upped their target price on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company upped their price objective on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.75.

Janus Henderson Group Stock Up 4.4 %

Shares of JHG stock opened at $45.94 on Monday. Janus Henderson Group has a fifty-two week low of $29.64 and a fifty-two week high of $45.99. The firm has a market capitalization of $7.30 billion, a PE ratio of 17.94, a P/E/G ratio of 0.62 and a beta of 1.50. 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’s 50-day simple moving average is $43.30 and its 200-day simple moving average is $40.38.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping 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 period in the prior year, the firm posted $0.82 EPS. Equities analysts expect that Janus Henderson Group will post 3.74 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be paid a $0.39 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.40%. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

A number of large investors have recently added to or reduced their stakes in the stock. Quarry LP grew its position in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after purchasing an additional 509 shares during the period. UMB Bank n.a. lifted its stake 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 buying an additional 284 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after buying an additional 363 shares during the last quarter. Huntington National Bank increased its stake in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares in the last quarter. Finally, Addison Advisors LLC raised its holdings in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.