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

Key Points

• Janus Henderson Group plc has received a consensus rating of "Moderate Buy" from ten research firms, with an average price target of $43.33.
• The company reported $0.90 EPS for its last quarter, exceeding estimates, and saw a 7.6% increase in revenue year-over-year.
• Janus Henderson Group will pay a quarterly dividend of $0.40 on August 28th, representing an annual yield of 3.6%.

Shares of Janus Henderson Group plc (NYSE:JHG - Get Free Report) have received an average recommendation of "Moderate Buy" from the ten research firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $43.3333.

Several analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $44.00 to $47.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Wall Street Zen upgraded Janus Henderson Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Morgan Stanley raised their target price on 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. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Finally, Evercore ISI upped their target price on Janus Henderson Group from $33.00 to $35.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd.

Janus Henderson Group Trading Up 1.1%

NYSE:JHG opened at $44.75 on Thursday. Janus Henderson Group has a 12-month low of $28.26 and a 12-month high of $46.68. The firm has a market capitalization of $6.98 billion, a P/E ratio of 16.82, a P/E/G ratio of 1.07 and a beta of 1.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91. The business has a 50 day simple moving average of $41.58 and a 200 day simple moving average of $38.38.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The business had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. Equities research analysts predict that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, August 11th. Janus Henderson Group's dividend payout ratio is 60.15%.

Insiders Place Their Bets

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $43.07, for a total value of $2,971,830.00. Following the completion of the sale, the insider directly owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 19.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in Janus Henderson Group by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 8,755 shares of the company's stock worth $372,000 after buying an additional 339 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Janus Henderson Group in the fourth quarter worth approximately $726,000. Tower Research Capital LLC TRC grew its position in Janus Henderson Group by 13.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 8,767 shares of the company's stock worth $373,000 after buying an additional 1,072 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Janus Henderson Group by 79.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 351,373 shares of the company's stock worth $14,945,000 after buying an additional 155,547 shares during the last quarter. Finally, Voya Investment Management LLC grew its position in Janus Henderson Group by 45.9% in the fourth quarter. Voya Investment Management LLC now owns 84,548 shares of the company's stock worth $3,596,000 after buying an additional 26,589 shares during the last quarter. 87.94% of the stock is currently 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.

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