Shares of Janus Henderson Group PLC (NYSE:JHG) hit a new 52-week low on Thursday . The stock traded as low as $21.02 and last traded at $21.32, with a volume of 54999 shares changing hands. The stock had previously closed at $22.79.

Several analysts have recently weighed in on the company. Credit Suisse Group restated an “underperform” rating and set a $29.00 target price on shares of Janus Henderson Group in a research note on Friday, August 24th. Zacks Investment Research downgraded Janus Henderson Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 13th. TheStreet downgraded Janus Henderson Group from a “c-” rating to a “d+” rating in a research note on Tuesday, October 2nd. Finally, Morgan Stanley downgraded Janus Henderson Group from an “overweight” rating to an “equal weight” rating in a research note on Friday, November 23rd. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $33.56.

The company has a debt-to-equity ratio of 0.07, a current ratio of 2.89 and a quick ratio of 2.00. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 0.81 and a beta of 1.25.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, November 1st. The company reported $0.69 earnings per share for the quarter, meeting the consensus estimate of $0.69. Janus Henderson Group had a return on equity of 11.67% and a net margin of 37.59%. The company had revenue of $581.20 million during the quarter, compared to the consensus estimate of $586.45 million. During the same period last year, the firm earned $0.56 earnings per share. The company’s revenue was up 27.8% on a year-over-year basis. On average, research analysts forecast that Janus Henderson Group PLC will post 2.82 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Monday, November 12th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, November 8th. This represents a $1.44 annualized dividend and a dividend yield of 6.64%. Janus Henderson Group’s payout ratio is 58.06%.

Several hedge funds have recently modified their holdings of JHG. Bank of Montreal Can bought a new position in shares of Janus Henderson Group during the second quarter worth about $297,000. Virginia Retirement Systems ET AL bought a new position in shares of Janus Henderson Group during the second quarter worth about $1,315,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Janus Henderson Group during the second quarter worth about $1,496,000. HL Financial Services LLC lifted its position in shares of Janus Henderson Group by 9.6% during the second quarter. HL Financial Services LLC now owns 84,949 shares of the company’s stock worth $2,610,000 after purchasing an additional 7,425 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Janus Henderson Group by 2.6% during the second quarter. Arizona State Retirement System now owns 125,229 shares of the company’s stock worth $3,848,000 after purchasing an additional 3,200 shares during the last quarter. 56.19% of the stock is currently owned by institutional investors and hedge funds.

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Janus Henderson Group Company Profile (NYSE:JHG)

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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