Analysts Set Janus Henderson Group plc (NYSE:JHG) PT at $42.78

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have received a consensus rating of "Moderate Buy" from the ten analysts that are covering the company, MarketBeat.com 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 analysts that have covered the stock in the last year is $42.78.

JHG has been the topic of a number of research analyst reports. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. Wells Fargo & Company lowered their price target on Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. The Goldman Sachs Group cut their price objective on Janus Henderson Group from $47.00 to $41.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Finally, Morgan Stanley lifted their target price on Janus Henderson Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th.

Janus Henderson Group Stock Down 1.7%

Shares of JHG stock traded down $0.64 during trading hours on Friday, reaching $36.31. 840,401 shares of the company's stock were exchanged, compared to its average volume of 1,155,612. Janus Henderson Group has a 1 year low of $28.26 and a 1 year high of $46.68. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. The stock has a market cap of $5.72 billion, a PE ratio of 14.41, a PEG ratio of 1.30 and a beta of 1.42. The stock's fifty day moving average price is $35.12 and its two-hundred day moving average price is $39.00.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The company had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. Janus Henderson Group had a net margin of 15.56% and a return on equity of 12.13%. Janus Henderson Group's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS. Research analysts predict that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a $0.40 dividend. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.41%. Janus Henderson Group's dividend payout ratio is presently 63.49%.

Institutional Trading of Janus Henderson Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. US Bancorp DE boosted its position in Janus Henderson Group by 2.3% in the 4th quarter. US Bancorp DE now owns 11,003 shares of the company's stock worth $468,000 after purchasing an additional 243 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of Janus Henderson Group by 4.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 6,356 shares of the company's stock valued at $270,000 after purchasing an additional 270 shares during the period. Callan Capital LLC boosted its holdings in Janus Henderson Group by 5.3% during the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company's stock worth $244,000 after buying an additional 287 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Janus Henderson Group by 33.9% during the fourth quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after buying an additional 288 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its position in Janus Henderson Group by 0.8% during the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company's stock valued at $1,287,000 after buying an additional 300 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

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.