Janus Henderson Group plc (NYSE:JHG) has been assigned an average rating of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $37.75.
JHG has been the topic of several recent analyst reports. Citigroup raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Thursday, November 9th. ValuEngine raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a report on Friday, January 5th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $37.00 price target on shares of Janus Henderson Group in a report on Friday, November 10th. Finally, Credit Suisse Group lowered 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 report on Wednesday, February 7th.
Several large investors have recently bought and sold shares of the stock. Dai Ichi Life Holdings Inc. purchased a new position in Janus Henderson Group in the 3rd quarter valued at approximately $598,165,000. LS Investment Advisors LLC purchased a new position in Janus Henderson Group in the 3rd quarter valued at approximately $484,000. Sit Investment Associates Inc. purchased a new position in Janus Henderson Group in the 3rd quarter valued at approximately $746,000. Profit Investment Management LLC grew its stake in Janus Henderson Group by 6.9% in the 4th quarter. Profit Investment Management LLC now owns 59,330 shares of the company’s stock valued at $2,270,000 after buying an additional 3,833 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new position in Janus Henderson Group in the 3rd quarter valued at approximately $9,471,000. 47.26% of the stock is currently owned by institutional investors.
Janus Henderson Group (NYSE:JHG) traded down $0.09 during trading on Wednesday, hitting $35.43. 460,700 shares of the company’s stock traded hands, compared to its average volume of 781,779. Janus Henderson Group has a 1 year low of $24.02 and a 1 year high of $41.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.56 and a current ratio of 2.38. The company has a market cap of $7,100.39, a PE ratio of 10.27, a P/E/G ratio of 1.04 and a beta of 1.41.
Janus Henderson Group (NYSE:JHG) last posted its earnings results on Tuesday, February 6th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.07. Janus Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The firm had revenue of $505.30 million for the quarter, compared to analysts’ expectations of $565.83 million. The business’s quarterly revenue was up 21.8% on a year-over-year basis. sell-side analysts expect that Janus Henderson Group will post 2.94 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 16th will be issued a $0.32 dividend. The ex-dividend date is Thursday, February 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.61%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 37.10%.
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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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