ValuEngine upgraded shares of Janus Henderson Group (NYSE:JHG) from a hold rating to a buy rating in a research note released on Friday.

JHG has been the topic of several other research reports. Credit Suisse Group reduced their price target on shares of Janus Henderson Group from $38.00 to $37.00 and set a neutral rating on the stock in a research report on Wednesday. Keefe, Bruyette & Woods reissued a hold rating and issued a $41.00 price objective on shares of Janus Henderson Group in a research note on Tuesday, January 9th. Zacks Investment Research raised shares of Janus Henderson Group from a hold rating to a buy rating and set a $44.00 price objective for the company in a research note on Friday, January 5th. Citigroup downgraded shares of Janus Henderson Group from a buy rating to a neutral rating and set a $41.00 price objective for the company. in a research note on Thursday, January 25th. Finally, Deutsche Bank initiated coverage on shares of Janus Henderson Group in a research note on Tuesday, October 17th. They issued a hold rating and a $36.00 price objective for the company. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $37.30.

Shares of Janus Henderson Group (NYSE:JHG) opened at $34.12 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6,837.86, a P/E ratio of 9.89, a P/E/G ratio of 0.93 and a beta of 1.41. Janus Henderson Group has a 52-week low of $24.02 and a 52-week high of $41.64.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.07. The business had revenue of $505.30 million for the quarter, compared to analyst estimates of $565.83 million. Janus Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. analysts forecast that Janus Henderson Group will post 2.96 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 16th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.75%. The ex-dividend date is Thursday, February 15th. Janus Henderson Group’s payout ratio is 37.10%.

A number of large investors have recently modified their holdings of the stock. Anchor Capital Advisors LLC lifted its stake in Janus Henderson Group by 9.5% in the 4th quarter. Anchor Capital Advisors LLC now owns 15,903 shares of the company’s stock valued at $608,000 after purchasing an additional 1,380 shares during the last quarter. Camelot Portfolios LLC raised its stake in shares of Janus Henderson Group by 22.2% during the fourth quarter. Camelot Portfolios LLC now owns 13,209 shares of the company’s stock valued at $505,000 after acquiring an additional 2,400 shares during the last quarter. Bartlett & Co. LLC bought a new position in shares of Janus Henderson Group during the third quarter valued at $101,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Janus Henderson Group by 47.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,245 shares of the company’s stock valued at $392,000 after acquiring an additional 3,293 shares during the last quarter. Finally, First Manhattan Co. bought a new position in shares of Janus Henderson Group during the third quarter valued at $123,000. 47.03% of the stock is owned by institutional investors and hedge funds.

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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.

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Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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