Janus Henderson Group plc (NYSE:JHG) Receives $30.37 Consensus PT from Analysts

Janus Henderson Group plc (NYSE:JHG) has earned a consensus rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $30.37.

Several research analysts have recently commented on JHG shares. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. UBS Group raised their price target on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research report on Friday, April 12th. JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. Finally, TD Cowen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and lifted their target price for the company from $34.00 to $37.00 in a research note on Wednesday, May 15th.

Janus Henderson Group Stock Down 0.5 %

Shares of NYSE:JHG opened at $33.55 on Friday. The firm has a market cap of $5.38 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 0.98 and a beta of 1.51. The company has a fifty day simple moving average of $33.10 and a 200 day simple moving average of $31.55. The company has a current ratio of 3.92, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 12-month low of $22.17 and a 12-month high of $34.96.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $551.70 million for the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.55 EPS. On average, equities research analysts anticipate that Janus Henderson Group will post 2.98 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend was Friday, May 10th. Janus Henderson Group’s dividend payout ratio is currently 58.87%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in JHG. Silchester International Investors LLP increased its stake in shares of Janus Henderson Group by 6.5% during the fourth quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock valued at $448,893,000 after acquiring an additional 914,200 shares during the period. Norges Bank acquired a new stake in Janus Henderson Group in the fourth quarter worth approximately $20,791,000. Dimensional Fund Advisors LP boosted its stake in Janus Henderson Group by 6.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,444,113 shares of the company’s stock valued at $224,442,000 after purchasing an additional 419,392 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Janus Henderson Group by 113.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 433,739 shares of the company’s stock valued at $11,199,000 after purchasing an additional 230,167 shares during the period. Finally, Smith Group Asset Management LLC bought a new stake in shares of Janus Henderson Group in the 1st quarter worth $7,190,000. Institutional investors and hedge funds 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.