Janus Henderson Group plc (NYSE:JHG) Receives Consensus Recommendation of "Hold" from Analysts

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has received a consensus rating of "Hold" from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $44.22.

Several research firms have recently issued reports on JHG. The Goldman Sachs Group decreased their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. StockNews.com lowered Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. UBS Group raised Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $45.00 to $50.00 in a research report on Monday, February 24th. Bank of America raised Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their target price for the company from $57.00 to $43.00 in a report on Thursday, April 3rd. Finally, Wells Fargo & Company decreased their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th.

Institutional Trading of Janus Henderson Group

Several large investors have recently bought and sold shares of JHG. Norges Bank purchased a new stake in shares of Janus Henderson Group in the fourth quarter valued at about $83,525,000. Castlekeep Investment Advisors LLC purchased a new stake in Janus Henderson Group in the 4th quarter valued at approximately $74,989,000. Millennium Management LLC grew its holdings in Janus Henderson Group by 23.9% during the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock valued at $308,242,000 after buying an additional 1,399,781 shares during the last quarter. SG Americas Securities LLC increased its position in Janus Henderson Group by 4,233.1% during the first quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock worth $30,163,000 after buying an additional 815,124 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its holdings in shares of Janus Henderson Group by 113.7% in the fourth quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company's stock worth $42,981,000 after acquiring an additional 537,700 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company's stock.

Janus Henderson Group Stock Down 0.5 %

Shares of NYSE:JHG traded down $0.18 during trading on Friday, hitting $33.18. The company's stock had a trading volume of 1,768,015 shares, compared to its average volume of 1,102,726. Janus Henderson Group has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The business has a 50 day moving average price of $35.30 and a two-hundred day moving average price of $40.44. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The company has a market capitalization of $5.23 billion, a PE ratio of 12.96, a P/E/G ratio of 0.66 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period last year, the company posted $0.82 EPS. As a group, research analysts expect that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.70%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group's dividend payout ratio (DPR) is 60.94%.

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.