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

Janus Henderson Group plc (NYSE:JHG) has received a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $30.81.

JHG has been the subject of several analyst reports. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. UBS Group raised their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday, July 10th. JPMorgan Chase & Co. raised their price objective on Janus Henderson Group from $36.00 to $38.00 and gave the company a “neutral” rating in a research note on Monday, July 15th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Finally, TD Cowen raised their price target on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, July 8th.

Insider Buying and Selling at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus bought 166,042 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was acquired at an average cost of $3.55 per share, with a total value of $589,449.10. Following the transaction, the insider now directly owns 1,648,577 shares in the company, valued at approximately $5,852,448.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders bought a total of 487,179 shares of company stock valued at $1,650,371 in the last ninety days. Corporate insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in Janus Henderson Group during the 4th quarter valued at $834,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Janus Henderson Group in the 1st quarter valued at $6,793,000. Duality Advisers LP purchased a new position in shares of Janus Henderson Group in the 1st quarter valued at $2,741,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Janus Henderson Group by 163.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after acquiring an additional 29,181 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of Janus Henderson Group by 77.7% in the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after acquiring an additional 110,136 shares during the period. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG opened at $36.55 on Wednesday. The stock has a market capitalization of $5.86 billion, a PE ratio of 13.79, a P/E/G ratio of 0.84 and a beta of 1.51. The business has a 50 day simple moving average of $34.17 and a two-hundred day simple moving average of $32.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $36.67.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The business had revenue of $551.70 million during the quarter, compared to analysts’ expectations of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. On average, research analysts predict that Janus Henderson Group will post 3.1 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend was Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

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.