Analysts Set Janus Henderson Group plc (NYSE:JHG) Target Price at $30.81

Janus Henderson Group plc (NYSE:JHG) has received a consensus rating of “Hold” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two 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 $30.81.

JHG has been the subject of several research reports. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. UBS Group lifted their price objective on shares of Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday, July 10th. TD Cowen lifted their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Morgan Stanley lifted their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Janus Henderson Group from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Monday, July 15th.

Insider Buying and Selling at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus bought 166,042 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The shares were bought at an average price of $3.55 per share, with a total value of $589,449.10. Following the completion of the transaction, the insider now directly owns 1,648,577 shares of the company’s stock, valued at approximately $5,852,448.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have purchased 487,179 shares of company stock valued at $1,650,371 over the last 90 days. 19.60% of the stock is owned by insiders.

Institutional Trading of Janus Henderson Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc purchased a new stake in Janus Henderson Group during the second quarter worth about $34,000. Hexagon Capital Partners LLC increased its stake in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after purchasing an additional 509 shares during the period. EverSource Wealth Advisors LLC increased its stake in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares during the period. Abich Financial Wealth Management LLC increased its stake in Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Janus Henderson Group during the fourth quarter worth about $52,000. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Up 0.8 %

JHG stock opened at $36.55 on Wednesday. The firm has a 50 day moving average of $34.17 and a 200 day moving average of $32.32. The stock has a market capitalization of $5.86 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.84 and a beta of 1.51. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $36.67.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The business had revenue of $551.70 million during the quarter, compared to analysts’ expectations of $547.20 million. During the same period in the previous year, the business posted $0.55 EPS. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Sell-side analysts forecast that Janus Henderson Group will post 3.1 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.27%. The ex-dividend date was Friday, May 10th. Janus Henderson Group’s payout ratio is presently 58.87%.

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.