Janus Henderson Group plc (NYSE:JHG) Receives $44.75 Average Price Target from Brokerages

Janus Henderson Group plc (NYSE:JHG) has received a consensus rating of “Hold” from the eight analysts that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $44.75.

A number of research analysts recently issued reports on the stock. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Wells Fargo & Company dropped their price target on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Evercore ISI boosted their price objective on 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. JPMorgan Chase & Co. lowered their target price on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, UBS Group upped their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its holdings in Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after purchasing an additional 344,582 shares during the period. WINTON GROUP Ltd grew its stake in Janus Henderson Group by 97.7% in the second quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after acquiring an additional 13,861 shares during the period. Mutual of America Capital Management LLC increased its stake in Janus Henderson Group by 210.6% during the 3rd 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 lifted its position in Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock valued at $933,000 after acquiring an additional 14,935 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in Janus Henderson Group by 6.9% during the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock worth $9,979,000 after buying an additional 14,996 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $42.91 on Wednesday. The firm has a market capitalization of $6.82 billion, a PE ratio of 16.96, a PEG ratio of 0.51 and a beta of 1.50. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 1-year low of $28.23 and a 1-year high of $45.74. The business’s 50 day moving average is $43.58 and its 200-day moving average is $39.66.

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, beating analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the company posted $0.64 earnings per share. Sell-side analysts predict that Janus Henderson Group will post 3.46 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is presently 61.66%.

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.