Janus Henderson Group plc (NYSE:JHG) Receives $32.92 Average PT from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have earned an average rating of “Hold” from the nine brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $33.33.

Several equities analysts have weighed in on JHG shares. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the company from $33.00 to $37.00 in a report on Monday, September 9th. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Thursday, August 15th. TD Cowen increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd.

Insider Activity

In other news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the completion of the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 492,997 shares of company stock valued at $1,667,418 and sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by company insiders.

Institutional Trading of Janus Henderson Group

Institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Janus Henderson Group during the second quarter valued at $227,000. Creative Planning lifted its holdings in Janus Henderson Group by 14.6% during the 2nd quarter. Creative Planning now owns 28,524 shares of the company’s stock valued at $962,000 after purchasing an additional 3,628 shares during the last quarter. Algert Global LLC boosted its position in Janus Henderson Group by 315.7% in the second quarter. Algert Global LLC now owns 78,495 shares of the company’s stock valued at $2,646,000 after buying an additional 59,611 shares in the last quarter. Mackenzie Financial Corp grew its stake in Janus Henderson Group by 25.8% during the second quarter. Mackenzie Financial Corp now owns 20,373 shares of the company’s stock worth $687,000 after buying an additional 4,174 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Janus Henderson Group by 43.5% during the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after buying an additional 1,809,249 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 1.9 %

NYSE:JHG opened at $36.87 on Thursday. The company has a market capitalization of $5.87 billion, a P/E ratio of 13.91, a P/E/G ratio of 0.72 and a beta of 1.51. The stock’s 50 day moving average price is $35.96 and its 200 day moving average price is $33.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $39.11.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The company had revenue of $588.40 million during the quarter, compared to the consensus estimate of $568.79 million. During the same period in the previous year, the firm posted $0.62 earnings per share. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, research analysts forecast that Janus Henderson Group will post 3.23 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 annualized dividend and a dividend yield of 4.23%. Janus Henderson Group’s payout ratio is 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.