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

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the ten brokerages that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $42.78.

A number of research analysts recently issued reports on the stock. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $45.00 to $50.00 in a research note on Monday, February 24th. Cowen restated a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. 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 for the company in a research note on Thursday, April 3rd. Finally, Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $57.00 to $43.00 in a research note on Thursday, April 3rd.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds have recently made changes to their positions in the stock. Acadian Asset Management LLC bought a new stake in shares of Janus Henderson Group in the 1st quarter valued at $708,000. Jane Street Group LLC boosted its stake in shares of Janus Henderson Group by 1,924.0% in the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company's stock valued at $10,099,000 after purchasing an additional 265,550 shares during the last quarter. Bayforest Capital Ltd boosted its stake in shares of Janus Henderson Group by 21.5% in the 1st quarter. Bayforest Capital Ltd now owns 6,253 shares of the company's stock valued at $226,000 after purchasing an additional 1,105 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Janus Henderson Group by 3.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,113,356 shares of the company's stock valued at $40,248,000 after purchasing an additional 33,860 shares during the last quarter. Finally, United Services Automobile Association bought a new position in shares of Janus Henderson Group in the 1st quarter worth about $300,000. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG traded down $0.30 during trading on Tuesday, reaching $36.24. The company's stock had a trading volume of 1,370,336 shares, compared to its average volume of 1,137,038. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 14.16, a price-to-earnings-growth ratio of 0.66 and a beta of 1.46. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $46.68. The firm has a 50 day moving average price of $34.53 and a 200 day moving average price of $39.94.

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

Janus Henderson Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.42%. This is an increase from Janus Henderson Group's previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. Janus Henderson Group's dividend payout ratio (DPR) is 63.49%.

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.