Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $43.33

Key Points

• The analysts covering Janus Henderson Group plc (NYSE:JHG) have given it an average recommendation of "Moderate Buy", with five analysts rating it as a hold and five as a buy.
• The company recently reported earnings of $0.90 per share, surpassing analysts’ expectations of $0.84, alongside a revenue of $633.20 million for the quarter.
• Janus Henderson Group announced a quarterly dividend of $0.40 per share, which will result in an annualized yield of 3.8% for shareholders.

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have received an average rating of "Moderate Buy" from the ten analysts that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $43.3333.

Several equities research analysts have issued reports on JHG shares. Wells Fargo & Company lifted their price objective on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a report on Friday, July 11th. Evercore ISI boosted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Morgan Stanley boosted their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. Finally, Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th.

Janus Henderson Group Trading Up 2.1%

Shares of NYSE JHG traded up $0.90 during midday trading on Friday, hitting $43.20. The stock had a trading volume of 1,164,879 shares, compared to its average volume of 1,297,996. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 1.31 and a beta of 1.46. The company has a quick ratio of 2.30, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 1-year low of $28.26 and a 1-year high of $46.68. The company has a fifty day moving average price of $39.16 and a 200 day moving average price of $38.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%. The business had revenue of $633.20 million for the quarter, compared to the consensus estimate of $614.46 million. During the same period last year, the business posted $0.85 EPS. The company's revenue was up 7.6% on a year-over-year basis. On average, analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, August 11th. Janus Henderson Group's dividend payout ratio is presently 60.15%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JHG. Castlekeep Investment Advisors LLC bought a new stake in shares of Janus Henderson Group during the 4th quarter worth about $74,989,000. Millennium Management LLC boosted its stake in shares of Janus Henderson Group by 23.9% during the 4th quarter. Millennium Management LLC now owns 7,247,633 shares of the company's stock worth $308,242,000 after acquiring an additional 1,399,781 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Janus Henderson Group by 4,233.1% during the 1st quarter. SG Americas Securities LLC now owns 834,380 shares of the company's stock worth $30,163,000 after acquiring an additional 815,124 shares in the last quarter. Nuveen LLC bought a new stake in shares of Janus Henderson Group during the 1st quarter worth about $21,890,000. Finally, Point72 Asset Management L.P. boosted its stake in shares of Janus Henderson Group by 113.7% during the 4th 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 in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.