Janus Henderson Group plc (NYSE:JHG) Receives Consensus Recommendation of "Hold" from Brokerages

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has earned an average recommendation of "Hold" from the eight analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $41.75.

Several brokerages have recently weighed in on JHG. Deutsche Bank Aktiengesellschaft upped their price objective 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. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Evercore ISI boosted their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research report on Thursday, November 7th. UBS Group upped their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Finally, StockNews.com downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th.

Insider Activity

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The shares were 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 approximately $4,634,087.60. This represents a 6.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 20.00% of the company's stock.

Institutional Trading of Janus Henderson Group

A number of institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its stake in shares of Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock valued at $272,741,000 after buying an additional 344,582 shares in the last quarter. Millennium Management LLC lifted its stake in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company's stock worth $201,205,000 after purchasing an additional 1,809,249 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Janus Henderson Group by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company's stock worth $169,262,000 after purchasing an additional 36,711 shares in the last quarter. Ariel Investments LLC lifted its stake in Janus Henderson Group by 0.7% in the 2nd quarter. Ariel Investments LLC now owns 2,256,434 shares of the company's stock worth $76,064,000 after purchasing an additional 16,653 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Janus Henderson Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock worth $80,907,000 after purchasing an additional 12,884 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 0.0 %

Shares of NYSE:JHG traded up $0.02 during mid-day trading on Tuesday, reaching $45.27. 713,129 shares of the company's stock were exchanged, compared to its average volume of 1,023,281. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group has a twelve month low of $25.39 and a twelve month high of $45.74. The business's fifty day moving average price is $40.88 and its 200-day moving average price is $37.00.

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. The business had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 earnings per share. On average, research analysts predict that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business 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 is currently 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.