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

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the ten analysts that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $42.78.

A number of research firms recently issued reports on JHG. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and upped their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Wall Street Zen cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. The Goldman Sachs Group dropped their price objective on shares of Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. Finally, Evercore ISI lifted their price target on Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a report on Friday, May 2nd.

Institutional Investors Weigh In On Janus Henderson Group

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Janus Henderson Group by 0.6% in the first quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company's stock valued at $514,311,000 after acquiring an additional 78,321 shares during the last quarter. Millennium Management LLC increased its position in Janus Henderson Group by 23.9% during the fourth 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 during the period. Charles Schwab Investment Management Inc. increased its holdings in Janus Henderson Group by 7.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company's stock valued at $178,800,000 after buying an additional 352,617 shares during the period. Northern Trust Corp increased its holdings in Janus Henderson Group by 8.4% in the 4th quarter. Northern Trust Corp now owns 2,320,796 shares of the company's stock valued at $98,703,000 after buying an additional 180,726 shares during the period. Finally, Norges Bank bought a new position in Janus Henderson Group in the 4th quarter valued at about $83,525,000. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Trading Down 2.4%

NYSE JHG opened at $36.13 on Friday. The firm has a 50 day simple moving average of $34.90 and a 200-day simple moving average of $39.16. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 0.66 and a beta of 1.42. Janus Henderson Group has a one year low of $28.26 and a one year high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The company had revenue of $621.40 million for the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the company earned $0.71 earnings per share. Equities research analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 12th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 4.43%. The ex-dividend date was Monday, May 12th. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's dividend payout ratio is presently 63.49%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.