Janus Henderson Group plc (NYSE:JHG) Receives $30.37 Average PT from Brokerages

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

A number of brokerages recently issued reports on JHG. The Goldman Sachs Group boosted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. JPMorgan Chase & Co. upped their price target on Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Morgan Stanley upped their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. Finally, StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $32.36 on Tuesday. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $34.96. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.95 and a beta of 1.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. The business has a 50-day simple moving average of $32.63 and a two-hundred day simple moving average of $30.80.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, beating 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 for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. On average, analysts expect that Janus Henderson Group will post 2.98 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $1.56 annualized dividend and a dividend yield of 4.82%. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors have recently made changes to their positions in JHG. Hexagon Capital Partners LLC boosted its position in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares in the last quarter. Neo Ivy Capital Management bought a new stake in Janus Henderson Group during the third quarter valued at about $39,000. EverSource Wealth Advisors LLC boosted its position in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after purchasing an additional 369 shares in the last quarter. Headlands Technologies LLC bought a new stake in Janus Henderson Group during the fourth quarter valued at about $52,000. Finally, Assetmark Inc. boosted its holdings in Janus Henderson Group by 18.2% in the fourth quarter. Assetmark Inc. now owns 5,208 shares of the company’s stock worth $157,000 after acquiring an additional 802 shares in the last quarter. 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.