Janus Henderson Group plc (NYSE:JHG) Receives $43.11 Average PT from Analysts

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten brokerages that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $44.00.

A number of equities analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 2nd. Evercore ISI lifted their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research note on Friday, May 2nd. Wells Fargo & Company lifted their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Friday. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research note on Wednesday, May 14th. Finally, The Goldman Sachs Group dropped their price target 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.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Profit Investment Management LLC lifted its holdings in Janus Henderson Group by 5.2% during the 2nd quarter. Profit Investment Management LLC now owns 72,261 shares of the company's stock valued at $2,807,000 after buying an additional 3,559 shares in the last quarter. Wedge Capital Management L L P NC lifted its holdings in Janus Henderson Group by 6.8% during the 2nd quarter. Wedge Capital Management L L P NC now owns 43,924 shares of the company's stock valued at $1,706,000 after buying an additional 2,779 shares in the last quarter. UMB Bank n.a. lifted its holdings in Janus Henderson Group by 86.3% during the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company's stock valued at $85,000 after buying an additional 1,011 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Janus Henderson Group during the 2nd quarter valued at about $160,000. Finally, Assenagon Asset Management S.A. lifted its holdings in Janus Henderson Group by 14.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 72,625 shares of the company's stock valued at $2,821,000 after buying an additional 9,291 shares in the last quarter. Institutional investors own 87.94% of the company's stock.

Janus Henderson Group Price Performance

Shares of NYSE:JHG traded down $0.16 on Wednesday, reaching $41.25. The company's stock had a trading volume of 1,130,851 shares, compared to its average volume of 1,156,838. Janus Henderson Group has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a market cap of $6.50 billion, a P/E ratio of 11.40, a PEG ratio of 1.31 and a beta of 1.43. The company has a 50-day simple moving average of $37.61 and a 200 day simple moving average of $38.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued 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 net margin of 15.56% and a return on equity of 12.13%. The business had revenue of $621.40 million during the quarter, compared to analysts' expectations of $623.56 million. During the same period last year, the company posted $0.71 EPS. The business's revenue was up 12.6% on a year-over-year basis. As a group, equities research 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 was paid on Thursday, May 29th. Investors of record on Monday, May 12th were issued a dividend of $0.40 per share. This is a positive change 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 yield of 3.88%. Janus Henderson Group's dividend payout ratio (DPR) is presently 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.