Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $44.75

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have earned a consensus recommendation of "Hold" from the eight research firms that are covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and one has 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 $44.75.

Several equities analysts recently issued reports on JHG shares. Wells Fargo & Company decreased their target price on shares of Janus Henderson Group from $45.00 to $43.00 and set an "equal weight" rating for the company in a research note on Tuesday. Morgan Stanley increased their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research note on Friday, December 20th. Evercore ISI upped 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. decreased their target price on Janus Henderson Group from $45.00 to $44.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded up $0.67 during trading on Wednesday, reaching $41.60. 802,501 shares of the company traded hands, compared to its average volume of 930,189. The stock has a market cap of $6.61 billion, a P/E ratio of 16.44, a PEG ratio of 0.62 and a beta of 1.50. The firm's fifty day simple moving average is $43.71 and its 200 day simple moving average is $39.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 12-month low of $28.19 and a 12-month high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping 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 analyst estimates of $600.88 million. During the same period last year, the company earned $0.64 earnings per share. Janus Henderson Group's revenue for the quarter was up 19.9% compared to the same quarter last year. As a group, research analysts anticipate that Janus Henderson Group will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group's payout ratio is 61.66%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in shares of Janus Henderson Group by 4.4% in the second 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 during the last quarter. WINTON GROUP Ltd grew its stake in Janus Henderson Group by 97.7% during the 2nd quarter. WINTON GROUP Ltd now owns 28,049 shares of the company's stock valued at $946,000 after acquiring an additional 13,861 shares in the last quarter. Mutual of America Capital Management LLC raised its holdings in 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 valued at $8,690,000 after acquiring an additional 154,778 shares during the last quarter. Verition Fund Management LLC raised its holdings in Janus Henderson Group by 156.1% in the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company's stock valued at $933,000 after acquiring an additional 14,935 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in 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. Hedge funds and other institutional investors own 87.94% of the company's stock.

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.