Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of "Hold" from Analysts

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has been given a consensus recommendation of "Hold" by the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $30.37.

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $35.00 to $36.00 and gave the company a "neutral" rating in a research note on Friday, May 3rd. TD Cowen upgraded Janus Henderson Group from a "hold" rating to a "buy" rating and lifted their target price for the stock from $34.00 to $37.00 in a research report on Wednesday, May 15th. The Goldman Sachs Group upped their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a "sell" rating in a report on Tuesday, April 2nd. UBS Group lifted their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a "sell" rating in a report on Friday, April 12th. Finally, StockNews.com lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, May 3rd.

Janus Henderson Group Trading Down 0.1 %

NYSE:JHG traded down $0.03 during midday trading on Friday, hitting $33.71. 1,547,452 shares of the company traded hands, compared to its average volume of 929,299. The firm has a market capitalization of $5.41 billion, a P/E ratio of 12.72, a P/E/G ratio of 0.98 and a beta of 1.50. The firm's fifty day moving average is $33.10 and its 200-day moving average is $31.53. Janus Henderson Group has a 12-month low of $22.17 and a 12-month high of $34.96. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The business's revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the business earned $0.55 EPS. On average, sell-side analysts predict that Janus Henderson Group will post 2.98 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.63%. The ex-dividend date of this dividend was Friday, May 10th. Janus Henderson Group's payout ratio is 58.87%.

Institutional Trading of Janus Henderson Group

Several hedge funds and other institutional investors have recently made changes to their positions in JHG. Hexagon Capital Partners LLC increased its position in Janus Henderson Group by 72.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company's stock valued at $36,000 after buying an additional 509 shares in the last quarter. Neo Ivy Capital Management purchased a new position in shares of Janus Henderson Group in the 3rd quarter valued at approximately $39,000. EverSource Wealth Advisors LLC boosted its stake in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company's stock worth $39,000 after purchasing an additional 369 shares in the last quarter. Abich Financial Wealth Management LLC grew its position in Janus Henderson Group by 41.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company's stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in Janus Henderson Group during the 4th quarter valued at approximately $52,000. 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.