Janus Henderson Group (NYSE:JHG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Janus Henderson Group (NYSE:JHG - Free Report) had its target price lifted by Deutsche Bank Aktiengesellschaft from $40.00 to $42.00 in a research report sent to investors on Friday, Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Several other analysts have also commented on the company. TD Cowen boosted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research note on Friday. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday, October 18th. The Goldman Sachs Group increased their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research report on Thursday, October 3rd. Evercore ISI boosted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an "in-line" rating in a research report on Friday, October 4th. Finally, StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Friday, August 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $40.75.

Janus Henderson Group Price Performance

Shares of JHG stock traded up $0.33 during mid-day trading on Friday, reaching $41.64. The company's stock had a trading volume of 1,087,749 shares, compared to its average volume of 1,026,057. The firm's 50-day moving average is $38.39 and its two-hundred day moving average is $35.53. The company has a market cap of $6.63 billion, a P/E ratio of 16.46, a PEG ratio of 0.79 and a beta of 1.50. Janus Henderson Group has a 1-year low of $23.98 and a 1-year high of $42.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 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 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 earnings per share. On average, research analysts predict that Janus Henderson Group will post 3.28 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. Janus Henderson Group's dividend payout ratio (DPR) is currently 61.66%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the company's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the business's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock valued at $918,158 over the last quarter. Corporate insiders own 19.60% of the company's stock.

Institutional Trading of Janus Henderson Group

A number of institutional investors have recently bought and sold shares of JHG. Millennium Management LLC increased its stake in shares of Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company's stock valued at $201,205,000 after acquiring an additional 1,809,249 shares during the last quarter. AQR Capital Management LLC grew its holdings in Janus Henderson Group by 64.5% during the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company's stock valued at $40,677,000 after purchasing an additional 473,308 shares during the period. Principal Financial Group Inc. increased its stake in Janus Henderson Group by 28.9% in the third quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock valued at $79,248,000 after purchasing an additional 467,049 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in 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 worth $272,741,000 after purchasing an additional 344,582 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of Janus Henderson Group by 48.7% during the second quarter. Marshall Wace LLP now owns 1,000,823 shares of the company's stock worth $33,738,000 after purchasing an additional 327,819 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

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.