Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Reduce” from Brokerages

Janus Henderson Group plc (NYSE:JHGGet Rating) has received an average recommendation of “Reduce” from the eleven research firms that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $20.64.

A number of equities research analysts have issued reports on JHG shares. Credit Suisse Group reduced their price objective on shares of Janus Henderson Group from $18.00 to $17.00 and set an “underperform” rating for the company in a research report on Friday, October 28th. TheStreet raised shares of Janus Henderson Group from a “c+” rating to a “b-” rating in a research report on Wednesday, December 14th. Citigroup reduced their price objective on shares of Janus Henderson Group from $22.10 to $18.50 and set a “sell” rating for the company in a research report on Tuesday, October 11th. StockNews.com assumed coverage on shares of Janus Henderson Group in a research report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $21.00 to $25.00 and gave the company a “hold” rating in a research note on Tuesday, November 15th.

Institutional Trading of Janus Henderson Group

Institutional investors have recently modified their holdings of the business. Bessemer Group Inc. purchased a new stake in shares of Janus Henderson Group during the 3rd quarter valued at approximately $27,000. Neo Ivy Capital Management purchased a new stake in Janus Henderson Group in the 3rd quarter worth approximately $28,000. Ellevest Inc. lifted its stake in Janus Henderson Group by 1,655.7% in the 3rd quarter. Ellevest Inc. now owns 1,545 shares of the company’s stock worth $31,000 after purchasing an additional 1,457 shares in the last quarter. Allworth Financial LP lifted its stake in Janus Henderson Group by 815.0% in the 3rd quarter. Allworth Financial LP now owns 1,583 shares of the company’s stock worth $32,000 after purchasing an additional 1,410 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in Janus Henderson Group by 87.2% in the 2nd quarter. Assetmark Inc. now owns 1,393 shares of the company’s stock worth $33,000 after purchasing an additional 649 shares in the last quarter. 85.01% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 1.8 %

NYSE:JHG opened at $25.98 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.07 and a quick ratio of 2.33. The firm has a 50-day moving average of $25.09 and a 200-day moving average of $24.02. The company has a market cap of $4.30 billion, a PE ratio of 10.56 and a beta of 1.47. Janus Henderson Group has a one year low of $19.09 and a one year high of $38.63.

Janus Henderson Group (NYSE:JHGGet Rating) last posted its earnings results on Thursday, October 27th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.50 by $0.11. The company had revenue of $512.90 million during the quarter, compared to the consensus estimate of $500.27 million. Janus Henderson Group had a net margin of 17.16% and a return on equity of 11.27%. As a group, equities research analysts expect that Janus Henderson Group will post 2.4 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Investors of record on Monday, November 7th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date was Friday, November 4th. Janus Henderson Group’s payout ratio is currently 63.41%.

Janus Henderson Group Company Profile

(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)

Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.