Analysts Set Janus Henderson Group plc (NYSE:JHG) Price Target at $48.11

Janus Henderson Group plc (NYSE:JHG) has been assigned a consensus recommendation of “Buy” from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $48.1111.

Several equities analysts recently commented on JHG shares. Evercore ISI reaffirmed a “positive” rating on shares of Janus Henderson Group in a report on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Bank of America boosted their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. TD Cowen raised their price target on Janus Henderson Group from $52.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Wall Street Zen cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, November 28th.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $44.54 on Friday. The stock’s 50-day moving average is $43.53 and its 200 day moving average is $42.09. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 13.06, a P/E/G ratio of 0.83 and a beta of 1.57. Janus Henderson Group has a 1-year low of $28.26 and a 1-year high of $49.42. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $700.40 million during the quarter, compared to analyst estimates of $695.57 million. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.Janus Henderson Group’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share. On average, sell-side analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, November 10th. Janus Henderson Group’s dividend payout ratio is currently 46.92%.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares of the company’s stock, valued at $5,118,770.22. This trade represents a 19.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 20.40% of the stock is currently owned by company insiders.

Institutional Trading of Janus Henderson Group

Institutional investors have recently modified their holdings of the company. Avantax Advisory Services Inc. increased its holdings in Janus Henderson Group by 24.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,919 shares of the company’s stock valued at $286,000 after purchasing an additional 1,563 shares during the period. LPL Financial LLC increased its stake in shares of Janus Henderson Group by 9.8% during the first quarter. LPL Financial LLC now owns 183,044 shares of the company’s stock valued at $6,617,000 after buying an additional 16,296 shares during the period. XTX Topco Ltd raised its holdings in shares of Janus Henderson Group by 87.0% during the first quarter. XTX Topco Ltd now owns 11,671 shares of the company’s stock valued at $422,000 after acquiring an additional 5,430 shares in the last quarter. US Bancorp DE lifted its stake in Janus Henderson Group by 5.7% in the first quarter. US Bancorp DE now owns 11,626 shares of the company’s stock worth $420,000 after acquiring an additional 623 shares during the period. Finally, Jefferies Financial Group Inc. boosted its holdings in Janus Henderson Group by 29.2% in the first quarter. Jefferies Financial Group Inc. now owns 8,400 shares of the company’s stock valued at $304,000 after acquiring an additional 1,898 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

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.