Janus Henderson Group plc (NYSE:JHG) Given Average Rating of “Hold” by Analysts

Janus Henderson Group plc (NYSE:JHG) has been assigned an average rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. Two investment 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 1 year target price among brokers that have updated their coverage on the stock in the last year is $30.81.

Several brokerages have recently issued reports on JHG. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. JPMorgan Chase & Co. upped their price target on shares of Janus Henderson Group from $36.00 to $38.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. Morgan Stanley increased their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. UBS Group increased their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. Finally, The Goldman Sachs Group increased their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd.

Insiders Place Their Bets

In related news, major shareholder Henderson Group Plc Janus bought 189,856 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The shares were bought at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now directly owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 487,179 shares of company stock worth $1,650,371. Corporate insiders own 19.60% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHG. Versant Capital Management Inc bought a new position in Janus Henderson Group in the second quarter worth approximately $34,000. Hexagon Capital Partners LLC grew its stake in Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after acquiring an additional 509 shares during the period. EverSource Wealth Advisors LLC grew its stake in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after acquiring an additional 369 shares during the period. Abich Financial Wealth Management LLC grew its stake in Janus Henderson Group by 41.9% in the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after acquiring an additional 419 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in Janus Henderson Group in the fourth quarter valued at approximately $52,000. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Up 0.9 %

Shares of NYSE:JHG opened at $36.62 on Wednesday. The company has a fifty day moving average of $34.26 and a 200-day moving average of $32.42. The company has a market capitalization of $5.88 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.83 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $36.84.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. The company had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share. On average, equities analysts predict that Janus Henderson Group will post 3.1 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend was Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

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.