Brokerages Set Janus Henderson Group plc (NYSE:JHG) Price Target at $43.11

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten research firms that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $43.11.

A number of research analysts recently weighed in on the stock. Cowen reaffirmed a "buy" rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Bank of America raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and decreased their target price for the company from $57.00 to $43.00 in a research report on Thursday, April 3rd. Wells Fargo & Company decreased their target price on shares of 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. Wall Street Zen downgraded shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Morgan Stanley raised their target price on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 2nd.

Janus Henderson Group Stock Up 2.0%

Shares of JHG stock traded up $0.79 during trading hours on Wednesday, hitting $41.01. 1,157,049 shares of the company were exchanged, compared to its average volume of 1,154,763. The business has a 50 day moving average of $37.21 and a two-hundred day moving average of $38.45. The company has a current ratio of 4.38, a quick ratio of 2.67 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 52 week low of $28.26 and a 52 week high of $46.68. The company has a market capitalization of $6.46 billion, a PE ratio of 16.27, a PEG ratio of 1.38 and a beta of 1.43.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $621.40 million during the quarter, compared to the consensus estimate of $623.56 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The firm's revenue was up 12.6% compared to the same quarter last year. Analysts anticipate that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.90%. 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 (DPR) is 63.49%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Brooklyn Investment Group grew 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 valued at $33,000 after acquiring an additional 594 shares during the period. UMB Bank n.a. lifted its stake in shares of Janus Henderson Group by 48.9% during the 1st quarter. UMB Bank n.a. now owns 1,172 shares of the company's stock worth $42,000 after buying an additional 385 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of Janus Henderson Group by 66.9% during the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company's stock worth $43,000 after buying an additional 409 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company's stock worth $48,000 after buying an additional 288 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company's stock worth $48,000 after buying an additional 684 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

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.