Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Janus Henderson Group plc has received an average rating of "Moderate Buy" from analysts, with a price target of $47.00, according to recent reports from thirteen brokerages.
• Insider selling has occurred, with notable sales by Georgina Fogo and CFO Roger Mj Thompson, representing significant decreases in their respective holdings of the company's stock.
• Janus Henderson recently announced a quarterly dividend of $0.40 per share, yielding approximately 3.8%, reflecting a payout ratio of 60.15%.

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have been given an average rating of "Moderate Buy" by the thirteen research firms that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $47.00.

Several analysts have recently issued reports on JHG shares. Morgan Stanley reiterated a "positive" rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Wall Street Zen upgraded Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Saturday, October 11th. BMO Capital Markets started coverage on Janus Henderson Group in a research note on Friday, October 3rd. They set an "outperform" rating and a $52.00 target price for the company. Wells Fargo & Company increased their target price on Janus Henderson Group from $37.00 to $44.00 and gave the company an "equal weight" rating in a research note on Friday, July 11th. Finally, Bank of America increased their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the sale, the insider owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares of the company's stock, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their position. The disclosure for this sale can be found here. 19.60% of the stock is owned by corporate insiders.

Institutional Trading of Janus Henderson Group

Hedge funds have recently modified their holdings of the company. Brooklyn Investment Group lifted its position in shares of Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company's stock worth $33,000 after acquiring an additional 594 shares during the period. Traub Capital Management LLC bought a new stake in shares of Janus Henderson Group in the 2nd quarter worth approximately $37,000. Allworth Financial LP lifted its position in shares of Janus Henderson Group by 87.9% in the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after acquiring an additional 684 shares during the period. Fifth Third Bancorp lifted its position in shares of Janus Henderson Group by 40.2% in the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company's stock worth $84,000 after acquiring an additional 621 shares during the period. Finally, UMB Bank n.a. lifted its position in shares of Janus Henderson Group by 86.3% in the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company's stock worth $85,000 after acquiring an additional 1,011 shares during the period. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Stock Performance

JHG opened at $42.20 on Friday. The company has a market cap of $6.58 billion, a PE ratio of 15.86, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. The stock has a 50-day moving average of $44.18 and a 200-day moving average of $39.52. Janus Henderson Group has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. The company had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The firm's revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 EPS. As a group, equities research analysts forecast that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.8%. Janus Henderson Group's dividend payout ratio is presently 60.15%.

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.

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