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

Janus Henderson Group plc (NYSE:JHG) has been given an average recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $41.75.

Several brokerages have weighed in on JHG. Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. The Goldman Sachs Group upped their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. UBS Group lifted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Morgan Stanley boosted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th.

Janus Henderson Group Trading Up 0.2 %

JHG opened at $45.24 on Tuesday. Janus Henderson Group has a fifty-two week low of $25.39 and a fifty-two week high of $45.74. The firm has a market capitalization of $7.19 billion, a PE ratio of 17.88, a P/E/G ratio of 0.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The company’s 50-day moving average is $40.88 and its 200 day moving average is $37.00.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 earnings per share. As a group, research analysts predict that Janus Henderson Group will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

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 of this dividend is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 20.00% of the stock is owned by company insiders.

Institutional Trading of Janus Henderson Group

A number of institutional investors have recently modified their holdings of JHG. Huntington National Bank raised its stake in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the period. Miller Howard Investments Inc. NY lifted its holdings in shares of Janus Henderson Group by 2.4% in the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after buying an additional 282 shares in the last quarter. Abich Financial Wealth Management LLC boosted its position in shares of Janus Henderson Group by 26.5% in the second quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock valued at $61,000 after acquiring an additional 377 shares during the period. GAMMA Investing LLC boosted its position in shares of Janus Henderson Group by 15.7% in the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock valued at $107,000 after acquiring an additional 382 shares during the period. Finally, Graypoint LLC grew its stake in Janus Henderson Group by 4.2% during the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after acquiring an additional 410 shares in the last quarter. 87.94% of the stock is currently 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.