Janus Henderson Group (NYSE:JHG) Hits New 52-Week High at $33.25

Janus Henderson Group plc (NYSE:JHG - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $33.25 and last traded at $33.21, with a volume of 511964 shares. The stock had previously closed at $32.93.

Wall Street Analyst Weigh In

Several brokerages have issued reports on JHG. StockNews.com raised shares of Janus Henderson Group from a "hold" rating to a "buy" rating in a research note on Thursday, February 29th. Morgan Stanley boosted 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 research report on Friday, January 19th. The Goldman Sachs Group boosted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a "sell" rating in a research report on Tuesday, April 2nd. TD Cowen assumed coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a "market perform" rating and a $30.00 price target on the stock. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from an "underweight" rating to a "neutral" rating and boosted their price target for the company from $28.00 to $31.00 in a research report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $27.39.

Janus Henderson Group Stock Performance

The stock has a market capitalization of $5.35 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 1.63 and a beta of 1.52. The firm's fifty day moving average is $31.44 and its 200-day moving average is $28.36. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.26. The company had revenue of $568.50 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. As a group, research analysts anticipate that Janus Henderson Group plc will post 2.69 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a yield of 4.70%. Janus Henderson Group's dividend payout ratio (DPR) is presently 65.82%.

Insiders Place Their Bets

In related news, CAO Brennan A. Hughes sold 1,812 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Brennan A. Hughes sold 1,812 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Georgina Fogo sold 3,029 shares of the company's stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $31.07, for a total transaction of $94,111.03. Following the sale, the insider now owns 124,230 shares in the company, valued at $3,859,826.10. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock worth $2,172,459 over the last three months. Company insiders own 20.00% of the company's stock.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. acquired a new stake in shares of Janus Henderson Group in the second quarter valued at approximately $30,000. Hexagon Capital Partners LLC boosted its holdings in shares of Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company's stock valued at $36,000 after acquiring an additional 509 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company's stock valued at $39,000 after acquiring an additional 369 shares during the period. Advisory Services Network LLC boosted its holdings in shares of Janus Henderson Group by 486.3% in the first quarter. Advisory Services Network LLC now owns 1,495 shares of the company's stock valued at $40,000 after acquiring an additional 1,240 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in shares of Janus Henderson Group in the third quarter valued at approximately $39,000. 87.94% of the stock is 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.