Janus Henderson Group plc (NYSE:JHG) has earned an average rating of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $37.75.
A number of equities research analysts have recently issued reports on the company. Citigroup cut Janus Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a report on Thursday, January 25th. Zacks Investment Research upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research note on Friday, January 5th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $41.00 price target on shares of Janus Henderson Group in a research note on Tuesday, January 9th. Credit Suisse Group cut their price target on Janus Henderson Group from $38.00 to $37.00 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. Finally, Deutsche Bank began coverage on Janus Henderson Group in a research note on Tuesday, October 17th. They issued a “hold” rating and a $36.00 price target for the company.
Hedge funds have recently modified their holdings of the stock. Bartlett & Co. LLC acquired a new position in Janus Henderson Group during the third quarter valued at approximately $101,000. Amundi Pioneer Asset Management Inc. acquired a new position in Janus Henderson Group during the fourth quarter valued at approximately $102,000. First Manhattan Co. acquired a new position in Janus Henderson Group during the third quarter valued at approximately $123,000. Envestnet Asset Management Inc. acquired a new position in Janus Henderson Group during the third quarter valued at approximately $131,000. Finally, Trust Co. of Vermont acquired a new position in Janus Henderson Group during the third quarter valued at approximately $143,000. Institutional investors and hedge funds own 46.63% of the company’s stock.
Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. Janus Henderson Group had a return on equity of 11.45% and a net margin of 36.34%. The company had revenue of $505.30 million during the quarter, compared to analysts’ expectations of $565.83 million. The company’s quarterly revenue was up 21.8% on a year-over-year basis. equities research analysts expect that Janus Henderson Group will post 2.94 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 16th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, February 15th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 37.10%.
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.
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