Janus Henderson Group (NYSE:JHG) Reaches New 1-Year High After Analyst Upgrade

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) reached a new 52-week high during trading on Tuesday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from $42.00 to $44.00. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Janus Henderson Group traded as high as $45.34 and last traded at $45.31, with a volume of 38403 shares traded. The stock had previously closed at $45.25.

JHG has been the subject of several other reports. StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a "neutral" rating in a research note on Friday, August 2nd. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 9th. Evercore ISI upped their target price 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. Finally, TD Cowen boosted their price target 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. 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. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $41.75.

Insiders Place Their Bets

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the sale, the chief financial officer now directly owns 139,171 shares of the company's stock, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the company'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 sale, the chief accounting officer now directly owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares of the company's stock, valued at $4,923,869.98. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock worth $918,158 over the last ninety days. 19.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of JHG. Versant Capital Management Inc bought a new stake in Janus Henderson Group during the 2nd quarter worth approximately $34,000. Huntington National Bank lifted its holdings in Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. Larson Financial Group LLC increased its position in Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock worth $42,000 after buying an additional 1,000 shares during the period. Addison Advisors LLC increased its position in Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company's stock worth $48,000 after buying an additional 642 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company's stock worth $53,000 after purchasing an additional 575 shares during the period. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Down 1.5 %

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 stock has a 50-day moving average of $39.17 and a 200 day moving average of $36.12. The company has a market cap of $7.08 billion, a P/E ratio of 17.89, a PEG ratio of 0.59 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued 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. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the previous year, the company posted $0.64 earnings per share. The firm's revenue for the quarter was up 19.9% on a year-over-year basis. Research analysts anticipate that Janus Henderson Group plc will post 3.4 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.50%. Janus Henderson Group's dividend payout ratio is currently 61.66%.

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.