Wells Fargo & Company Forecasts Strong Price Appreciation for Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group (NYSE:JHG - Free Report) had its target price upped by Wells Fargo & Company from $41.00 to $45.00 in a research note published on Thursday,Benzinga reports. They currently have an equal weight rating on the stock.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Monday, November 11th. Morgan Stanley lifted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. Evercore ISI increased their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. TD Cowen upped their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Finally, The Goldman Sachs Group boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research note on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $42.63.

Janus Henderson Group Stock Down 0.4 %

NYSE JHG traded down $0.17 on Thursday, hitting $44.14. The stock had a trading volume of 760,073 shares, compared to its average volume of 1,025,802. Janus Henderson Group has a 52-week low of $27.63 and a 52-week high of $45.74. The business's fifty day moving average price is $42.46 and its 200 day moving average price is $37.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 0.58 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The firm's quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. Equities research analysts anticipate that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group's dividend payout ratio (DPR) is 61.66%.

Institutional Trading of Janus Henderson Group

Several large investors have recently bought and sold shares of JHG. Huntington National Bank increased its stake in shares of Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company's stock worth $46,000 after acquiring an additional 240 shares during the last quarter. Miller Howard Investments Inc. NY raised its holdings in shares of Janus Henderson Group by 2.4% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company's stock valued at $402,000 after buying an additional 282 shares during the period. Abich Financial Wealth Management LLC raised its holdings in shares of Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company's stock valued at $61,000 after buying an additional 377 shares during the period. GAMMA Investing LLC lifted its stake in Janus Henderson Group by 15.7% during the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company's stock worth $107,000 after acquiring an additional 382 shares in the last quarter. Finally, Graypoint LLC boosted its holdings in Janus Henderson Group by 4.2% during 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. 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.