Janus Henderson Group plc (NYSE:JHG) Given Average Recommendation of “Hold” by Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have earned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $41.50.

Several equities research analysts have issued reports on the stock. TD Cowen boosted their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Morgan Stanley increased their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Finally, Evercore ISI boosted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday.

Janus Henderson Group Trading Down 0.8 %

Shares of JHG opened at $44.21 on Friday. Janus Henderson Group has a twelve month low of $24.04 and a twelve month high of $44.85. The firm has a market capitalization of $7.03 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 0.56 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The stock’s fifty day simple moving average is $38.74 and its 200 day simple moving average is $35.82.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same period last year, the business posted $0.64 EPS. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. On average, equities research analysts forecast that Janus Henderson Group will post 3.33 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be issued a $0.39 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.53%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Insiders Place Their Bets

In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock valued at $918,158 in the last ninety days. Corporate insiders own 20.00% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors have recently modified their holdings of JHG. State of Michigan Retirement System boosted its stake in Janus Henderson Group by 2.2% in the first quarter. State of Michigan Retirement System now owns 32,513 shares of the company’s stock valued at $1,069,000 after acquiring an additional 700 shares during the period. Retirement Systems of Alabama grew its stake in Janus Henderson Group by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after buying an additional 439 shares during the last quarter. Prosperity Consulting Group LLC acquired a new stake in Janus Henderson Group in the first quarter worth $445,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Janus Henderson Group by 163.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after buying an additional 29,181 shares during the last quarter. Finally, Precision Wealth Strategies LLC acquired a new position in shares of Janus Henderson Group during the first quarter valued at $405,000. 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.