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

Janus Henderson Group plc (NYSE:JHGGet Rating) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $21.82.

JHG has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Janus Henderson Group from $23.00 to $26.00 and gave the company a “hold” rating in a research report on Friday, August 12th. JPMorgan Chase & Co. lowered shares of Janus Henderson Group from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $27.00 to $18.00 in a research report on Monday, July 18th. Bank of America initiated coverage on shares of Janus Henderson Group in a research report on Wednesday, September 7th. They issued a “neutral” rating for the company. The Goldman Sachs Group cut their price objective on shares of Janus Henderson Group from $27.00 to $21.00 and set a “sell” rating for the company in a research report on Wednesday, June 29th. Finally, Citigroup lowered shares of Janus Henderson Group from a “neutral” rating to a “sell” rating and cut their price objective for the company from $23.20 to $22.10 in a research report on Friday, July 29th.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $23.33 on Friday. The company has a quick ratio of 2.56, a current ratio of 4.85 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.86 billion, a PE ratio of 7.91 and a beta of 1.47. Janus Henderson Group has a twelve month low of $22.22 and a twelve month high of $48.55. The company has a 50-day moving average price of $24.62 and a two-hundred day moving average price of $27.86.

Janus Henderson Group (NYSE:JHGGet Rating) last issued its earnings results on Thursday, July 28th. The company reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.02). Janus Henderson Group had a return on equity of 13.13% and a net margin of 19.39%. The business had revenue of $555.50 million for the quarter, compared to the consensus estimate of $550.18 million. During the same quarter in the prior year, the business earned $1.16 EPS. Janus Henderson Group’s revenue for the quarter was down 24.8% compared to the same quarter last year. Equities analysts forecast that Janus Henderson Group will post 2.45 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 24th. Shareholders of record on Monday, August 8th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, August 5th. This represents a $1.56 annualized dividend and a yield of 6.69%. Janus Henderson Group’s payout ratio is presently 52.88%.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 10,701 shares of Janus Henderson Group stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $23.29, for a total transaction of $249,226.29. Following the transaction, the insider now directly owns 101,862 shares of the company’s stock, valued at $2,372,365.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 18.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Signaturefd LLC raised its stake in shares of Janus Henderson Group by 112.3% during the first quarter. Signaturefd LLC now owns 845 shares of the company’s stock worth $30,000 after acquiring an additional 447 shares in the last quarter. Assetmark Inc. raised its stake in shares of Janus Henderson Group by 87.2% during the second quarter. Assetmark Inc. now owns 1,393 shares of the company’s stock worth $33,000 after acquiring an additional 649 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Janus Henderson Group by 107.2% during the second quarter. Fifth Third Bancorp now owns 1,407 shares of the company’s stock worth $33,000 after acquiring an additional 728 shares in the last quarter. Motco purchased a new position in shares of Janus Henderson Group during the second quarter worth approximately $97,000. Finally, Quadrant Capital Group LLC raised its stake in shares of Janus Henderson Group by 151.2% during the second quarter. Quadrant Capital Group LLC now owns 1,580 shares of the company’s stock worth $37,000 after acquiring an additional 951 shares in the last quarter. 84.13% of the stock is owned by hedge funds and other institutional investors.

About Janus Henderson Group

(Get Rating)

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.

Further Reading

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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