Janus Henderson Group plc (NYSE:JHG) Receives $38.63 Consensus Price Target from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have been assigned a consensus rating of "Hold" from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $40.75.

A number of research analysts have weighed in on JHG shares. Morgan Stanley raised their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a report on Friday, October 18th. UBS Group boosted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Janus Henderson Group from $40.00 to $42.00 and gave the company a "hold" rating in a research note on Friday. The Goldman Sachs Group raised 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 note on Thursday, October 3rd. Finally, TD Cowen upped their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded up $0.33 during trading on Friday, hitting $41.64. The company had a trading volume of 1,087,749 shares, compared to its average volume of 1,026,057. Janus Henderson Group has a fifty-two week low of $23.98 and a fifty-two week high of $42.46. 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 stock has a fifty day simple moving average of $38.39 and a two-hundred day simple moving average of $35.53. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 16.46, a price-to-earnings-growth 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, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. Janus Henderson Group's quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. On average, research analysts expect that Janus Henderson Group will post 3.28 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Monday, November 11th will be given a $0.39 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.56 annualized dividend and a yield of 3.75%. Janus Henderson Group's payout ratio is 61.66%.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares of the company's stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction dated Monday, August 19th. The shares were 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 in the company, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The stock was 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 owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. 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. 19.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors have recently modified their holdings of the company. Assetmark Inc. lifted its position in shares of Janus Henderson Group by 9.1% during the third quarter. Assetmark Inc. now owns 5,101 shares of the company's stock worth $194,000 after purchasing an additional 425 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Janus Henderson Group by 28.9% during the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company's stock worth $79,248,000 after buying an additional 467,049 shares in the last quarter. Foster & Motley Inc. purchased a new position in Janus Henderson Group in the 3rd quarter valued at approximately $306,000. QRG Capital Management Inc. grew its stake in shares of Janus Henderson Group by 2.8% in the third quarter. QRG Capital Management Inc. now owns 27,487 shares of the company's stock worth $1,046,000 after acquiring an additional 738 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Janus Henderson Group by 34.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 156,129 shares of the company's stock worth $5,944,000 after acquiring an additional 40,139 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.