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

Shares of Janus Henderson Group plc (NYSE:JHG) have been given an average rating of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat 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 1 year target price among brokers that have updated their coverage on the stock in the last year is $43.38.

JHG has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Wells Fargo & Company upped their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Finally, The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd.

Janus Henderson Group Stock Down 0.8 %

Shares of NYSE:JHG opened at $43.13 on Friday. 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 stock has a market cap of $6.86 billion, a P/E ratio of 17.05, a P/E/G ratio of 0.62 and a beta of 1.48. Janus Henderson Group has a 1-year low of $28.19 and a 1-year high of $45.74. The firm has a fifty day moving average price of $43.34 and a 200 day moving average price of $38.67.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million for 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 business’s revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the company posted $0.64 earnings per share. Sell-side analysts predict that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.62%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Hedge Funds Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently bought and sold shares of JHG. Dimensional Fund Advisors LP grew its holdings in Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after purchasing an additional 344,582 shares during the last quarter. Millennium Management LLC grew its stake in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after acquiring an additional 1,809,249 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after acquiring an additional 36,711 shares in the last quarter. Ariel Investments LLC raised its position in Janus Henderson Group by 0.7% during the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after acquiring an additional 16,653 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock valued at $80,907,000 after purchasing an additional 12,884 shares in the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

About Janus Henderson Group

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.