Janus Henderson Group (NYSE:JHG) Price Target Raised to $41.00

Janus Henderson Group (NYSE:JHG - Free Report) had its price objective raised by UBS Group from $37.00 to $41.00 in a research report sent to investors on Tuesday morning, Benzinga reports. They currently have a neutral rating on the stock.

A number of other brokerages have also commented on JHG. Deutsche Bank Aktiengesellschaft raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "hold" rating in a research report on Thursday, August 15th. TD Cowen boosted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a "buy" rating in a report on Monday, July 8th. Evercore ISI increased their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock an "in-line" rating in a report on Friday, October 4th. Morgan Stanley boosted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday. Finally, StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday, August 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Janus Henderson Group has a consensus rating of "Hold" and a consensus target price of $38.63.

Janus Henderson Group Trading Down 0.7 %

Shares of Janus Henderson Group stock traded down $0.30 during trading on Tuesday, hitting $40.06. The stock had a trading volume of 961,435 shares, compared to its average volume of 1,021,963. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $41.47. The stock has a 50 day simple moving average of $37.73 and a 200 day simple moving average of $35.11. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $6.38 billion, a PE ratio of 13.72, a P/E/G ratio of 0.79 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.11. The firm had revenue of $588.40 million for the quarter, compared to analysts' expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS. On average, research analysts expect that Janus Henderson Group will post 3.25 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 3.89%. Janus Henderson Group's payout ratio is presently 53.42%.

Insiders Place Their Bets

In other news, major shareholder Henderson Group Plc Janus acquired 189,856 shares of Janus Henderson Group stock in a transaction on Wednesday, July 24th. The stock was bought at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares of the company's stock, valued at $6,659,737.60. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the completion of the sale, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of Janus Henderson Group stock in a transaction on Wednesday, July 24th. The shares were purchased at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the acquisition, the insider now owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 in the last three months. Company insiders own 19.60% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of JHG. Miller Howard Investments Inc. NY increased its position in shares of Janus Henderson Group by 2.4% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company's stock worth $402,000 after purchasing an additional 282 shares during the last quarter. Abich Financial Wealth Management LLC raised its position in Janus Henderson Group by 26.5% during the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock worth $61,000 after acquiring an additional 377 shares in the last quarter. GAMMA Investing LLC lifted its stake in Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company's stock valued at $107,000 after acquiring an additional 382 shares during the last quarter. Graypoint LLC grew its position in shares of Janus Henderson Group by 4.2% in the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company's stock valued at $345,000 after acquiring an additional 410 shares during the period. Finally, Retirement Systems of Alabama increased its stake in shares of Janus Henderson Group by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company's stock worth $5,474,000 after purchasing an additional 439 shares during the last quarter. 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.