Janus Henderson Group plc (NYSE:JHG) Receives $43.38 Consensus Price Target from Brokerages

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eight brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $43.38.

A number of analysts have commented on JHG shares. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Wells Fargo & Company upped their target price on Janus Henderson Group from $41.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, December 12th. Evercore ISI lifted their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an "in-line" rating in a research note on Thursday, November 7th. UBS Group lifted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a "neutral" rating in a research report on Tuesday, October 22nd. Finally, The Goldman Sachs Group raised their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a report on Thursday, October 3rd.

Janus Henderson Group Price Performance

Shares of JHG traded up $0.85 during trading hours on Friday, hitting $42.55. 3,184,668 shares of the company were exchanged, compared to its average volume of 1,035,667. The firm's fifty day moving average is $43.07 and its 200 day moving average is $38.31. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The company has a market cap of $6.77 billion, a price-to-earnings ratio of 16.82, a P/E/G ratio of 0.62 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating 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 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 firm posted $0.64 earnings per share. The business's revenue for the quarter was up 19.9% on a year-over-year basis. On average, equities analysts anticipate that Janus Henderson Group will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.67%. Janus Henderson Group's payout ratio is 61.66%.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently added to or reduced their stakes in JHG. Quarry LP raised its position in Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company's stock worth $29,000 after purchasing an additional 509 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company's stock valued at $42,000 after buying an additional 1,000 shares in the last quarter. Huntington National Bank increased its stake in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company's stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. 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 valued at $48,000 after buying an additional 642 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Janus Henderson Group by 70.6% in the 3rd 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 last quarter. 87.94% of the stock is currently owned by institutional investors.

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.