Brokerages Set Janus Henderson Group plc (NYSE:JHG) Target Price at $46.75

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have earned an average recommendation of "Hold" from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $46.75.

Several equities analysts recently commented on JHG shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. JPMorgan Chase & Co. raised Janus Henderson Group from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $44.00 to $53.00 in a report on Wednesday, February 5th. UBS Group upped their target price on Janus Henderson Group from $42.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. The Goldman Sachs Group upgraded Janus Henderson Group from a "sell" rating to a "neutral" rating and increased their target price for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a report on Thursday, November 7th.

Janus Henderson Group Price Performance

Shares of JHG stock traded down $0.87 on Friday, hitting $42.99. 775,453 shares of the company's stock were exchanged, compared to its average volume of 961,248. The company has a 50 day moving average of $43.31 and a 200 day moving average of $40.69. The stock has a market cap of $6.83 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 0.71 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group has a 12 month low of $29.64 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the business earned $0.82 earnings per share. On average, equities research analysts predict that Janus Henderson Group will post 3.74 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group's payout ratio is presently 60.94%.

Institutional Investors Weigh In On Janus Henderson Group

Several large investors have recently modified their holdings of the company. Foundry Partners LLC boosted its position in Janus Henderson Group by 7.1% during the fourth quarter. Foundry Partners LLC now owns 17,765 shares of the company's stock valued at $756,000 after acquiring an additional 1,176 shares during the last quarter. ExodusPoint Capital Management LP acquired a new position in shares of Janus Henderson Group in the 4th quarter valued at about $17,938,000. Arete Wealth Advisors LLC boosted its position in shares of Janus Henderson Group by 13.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 12,645 shares of the company's stock valued at $538,000 after purchasing an additional 1,518 shares in the last quarter. Huntington National Bank grew its stake in Janus Henderson Group by 89.7% during the fourth quarter. Huntington National Bank now owns 2,312 shares of the company's stock worth $98,000 after purchasing an additional 1,093 shares during the period. Finally, Boston Family Office LLC bought a new stake in Janus Henderson Group in the fourth quarter worth approximately $213,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.