Janus Henderson Group (NYSE:JHG) Reaches New 12-Month High at $33.16

Janus Henderson Group plc (NYSE:JHG - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as $33.16 and last traded at $33.00, with a volume of 36450 shares. The stock had previously closed at $32.98.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JHG. UBS Group lifted their target price on Janus Henderson Group from $27.00 to $28.00 and gave the company a "sell" rating in a research note on Monday, February 5th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, January 19th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from an "underweight" rating to a "neutral" rating and increased their price objective for the company from $28.00 to $31.00 in a report on Friday, February 2nd. StockNews.com raised Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Thursday, February 29th. Finally, TD Cowen assumed coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a "market perform" rating and a $30.00 target price on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group presently has an average rating of "Hold" and an average target price of $26.93.

Janus Henderson Group Stock Performance

The firm has a market cap of $5.30 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 1.13 and a beta of 1.52. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average of $30.84 and a 200 day moving average of $28.01.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.26. The business had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 earnings per share. As a group, equities research analysts expect that Janus Henderson Group plc will post 2.7 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.74%. Janus Henderson Group's dividend payout ratio (DPR) is 65.82%.

Insider Transactions at Janus Henderson Group

In other news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares of the company's stock, valued at $114,074.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CAO Brennan A. Hughes sold 1,812 shares of the business's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of the business's stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the transaction, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in shares of Janus Henderson Group during the fourth quarter worth approximately $834,000. Vanguard Group Inc. lifted its stake in shares of Janus Henderson Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 13,580,920 shares of the company's stock valued at $409,465,000 after purchasing an additional 40,427 shares during the period. Greenwood Capital Associates LLC boosted its position in shares of Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company's stock worth $1,376,000 after purchasing an additional 350 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Janus Henderson Group by 5.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 75,330 shares of the company's stock worth $2,272,000 after purchasing an additional 3,952 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Janus Henderson Group by 9.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,654 shares of the company's stock valued at $502,000 after purchasing an additional 1,442 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

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.