Janus Henderson Group (NYSE:JHG) Price Target Raised to $44.00 at Deutsche Bank Aktiengesellschaft

Janus Henderson Group (NYSE:JHG - Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from $42.00 to $44.00 in a research note published on Monday morning,Benzinga reports. The firm currently has a hold rating on the stock.

Several other equities analysts also recently issued reports on JHG. The Goldman Sachs Group upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. UBS Group upped their target price on Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $38.00 to $39.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Morgan Stanley upped their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. Finally, StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $41.75.

Janus Henderson Group Stock Up 2.4 %

Shares of JHG traded up $1.06 during midday trading on Monday, hitting $45.27. 863,479 shares of the company's stock traded hands, compared to its average volume of 1,023,536. Janus Henderson Group has a 1 year low of $24.04 and a 1 year high of $45.33. The firm's fifty day moving average is $39.02 and its 200-day moving average is $36.03. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same period in the prior year, the firm earned $0.64 EPS. The firm's revenue was up 19.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Janus Henderson Group will post 3.4 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is presently 61.66%.

Insider Activity

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company's stock, valued at approximately $4,634,087.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,651 shares of company stock worth $918,158 in the last ninety days. Company insiders own 19.60% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Huntington National Bank lifted its stake 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 buying an additional 240 shares in the last quarter. Miller Howard Investments Inc. NY lifted its stake in Janus Henderson Group by 2.4% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company's stock worth $402,000 after purchasing an additional 282 shares in the last quarter. Abich Financial Wealth Management LLC lifted its stake in Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock worth $61,000 after purchasing an additional 377 shares in the last quarter. GAMMA Investing LLC lifted its stake in Janus Henderson Group by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company's stock worth $107,000 after purchasing an additional 382 shares in the last quarter. Finally, Graypoint LLC lifted its stake in Janus Henderson Group by 4.2% in the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company's stock worth $345,000 after purchasing an additional 410 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.