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

Janus Henderson Group plc (NYSE:JHG) has received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $40.75.

A number of analysts recently commented on the stock. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Morgan Stanley upped their price target on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. Wells Fargo & Company raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, Evercore ISI upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a report on Friday, October 4th.

Janus Henderson Group Price Performance

NYSE JHG opened at $42.19 on Friday. Janus Henderson Group has a 12 month low of $24.04 and a 12 month high of $42.46. The firm has a market capitalization of $6.72 billion, a PE ratio of 16.68, a P/E/G ratio of 0.79 and a beta of 1.49. The company’s 50 day simple moving average is $38.58 and its 200 day simple moving average is $35.76. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

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

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.70%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Insider Buying and Selling

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,651 shares of company stock valued at $918,158. Corporate insiders own 20.00% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in shares of Janus Henderson Group in the 2nd quarter valued at approximately $34,000. Larson Financial Group LLC lifted its stake in Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares during the last quarter. Addison Advisors LLC grew its position in Janus Henderson Group by 103.4% in the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Janus Henderson Group by 70.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after purchasing an additional 575 shares during the last quarter. Finally, Abich Financial Wealth Management LLC increased its stake in shares of Janus Henderson Group by 41.9% during the 1st 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 last quarter. 87.94% of the stock is owned by hedge funds and other 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.