Janus Henderson Group plc (NYSE:JHG) Receives $27.93 Average Target Price from Brokerages

Shares of Janus Henderson Group plc (NYSE:JHG) have been given an average rating of “Reduce” by the nine brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $27.93.

A number of research analysts recently issued reports on the stock. StockNews.com upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. The Goldman Sachs Group boosted their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, January 19th. UBS Group boosted their price target on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $28.00 to $31.00 in a research note on Friday, February 2nd.

Janus Henderson Group Stock Down 0.3 %

Janus Henderson Group stock opened at $30.74 on Monday. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average of $31.62 and a 200-day moving average of $28.58. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $33.25. The stock has a market capitalization of $4.96 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.52.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The company had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. During the same period in the prior year, the firm earned $0.61 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. On average, equities research analysts anticipate that Janus Henderson Group will post 2.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were issued a $0.39 dividend. The ex-dividend date was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a yield of 5.07%. Janus Henderson Group’s dividend payout ratio is presently 49.37%.

Insider Transactions at Janus Henderson Group

In other news, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Georgina Fogo sold 22,076 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the transaction, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock valued at $2,172,459 in the last ninety days. Corporate insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new stake in Janus Henderson Group during the second quarter worth about $30,000. Hexagon Capital Partners LLC grew its holdings in Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares during the period. Neo Ivy Capital Management acquired a new stake in Janus Henderson Group in the third quarter valued at approximately $39,000. EverSource Wealth Advisors LLC grew its holdings in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after purchasing an additional 369 shares during the period. Finally, Advisory Services Network LLC lifted its position in shares of Janus Henderson Group by 486.3% in the first quarter. Advisory Services Network LLC now owns 1,495 shares of the company’s stock valued at $40,000 after acquiring an additional 1,240 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

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.