JPMorgan Chase & Co. upgraded shares of Janus Henderson Group (NYSE:JHG - Free Report) from a neutral rating to an overweight rating in a research note released on Wednesday morning, Marketbeat.com reports. The brokerage currently has $53.00 price objective on the stock, up from their prior price objective of $44.00.
A number of other research analysts also recently commented on the company. Evercore ISI upped their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Friday, December 20th. Wells Fargo & Company boosted their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an "equal weight" rating in a research note on Monday. UBS Group raised their price target on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday. Finally, TD Cowen boosted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $46.75.
View Our Latest Stock Report on Janus Henderson Group
Janus Henderson Group Stock Performance
Shares of Janus Henderson Group stock traded down $0.20 during trading hours on Wednesday, reaching $45.74. The company's stock had a trading volume of 524,409 shares, compared to its average volume of 974,363. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a one year low of $29.64 and a one year high of $46.68. The company's 50 day simple moving average is $43.31 and its 200 day simple moving average is $40.42. The stock has a market cap of $7.27 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50.
Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 previous year, the company earned $0.82 EPS. As a group, analysts expect that Janus Henderson Group will post 3.74 EPS for the current fiscal year.
Janus Henderson Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group's payout ratio is currently 60.94%.
Institutional Trading of Janus Henderson Group
A number of hedge funds and other institutional investors have recently modified their holdings of JHG. Merit Financial Group LLC acquired a new position in Janus Henderson Group during the fourth quarter worth about $413,000. Mutual of America Capital Management LLC grew its stake in shares of Janus Henderson Group by 210.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company's stock worth $8,690,000 after purchasing an additional 154,778 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Janus Henderson Group by 6.9% in the 4th quarter. Nordea Investment Management AB now owns 233,601 shares of the company's stock worth $9,979,000 after purchasing an additional 14,996 shares in the last quarter. KBC Group NV raised its holdings in shares of Janus Henderson Group by 63.6% in the 4th quarter. KBC Group NV now owns 4,546 shares of the company's stock worth $193,000 after purchasing an additional 1,768 shares in the last quarter. Finally, Verition Fund Management LLC lifted its stake in Janus Henderson Group by 156.1% during the third quarter. Verition Fund Management LLC now owns 24,505 shares of the company's stock valued at $933,000 after purchasing an additional 14,935 shares during the last quarter. Institutional investors own 87.94% of the company's stock.
About Janus Henderson Group
(
Get Free Report)
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.
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