Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Buy” from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have earned a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $48.1111.

JHG has been the topic of several recent research reports. Morgan Stanley reiterated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. TD Cowen lifted their price objective on Janus Henderson Group from $52.00 to $55.00 and gave the company a “buy” rating in a report on Friday, October 31st. BMO Capital Markets assumed coverage on Janus Henderson Group in a research note on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price objective on the stock. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a report on Monday.

Insider Activity at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer owned 113,097 shares in the company, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors have recently added to or reduced their stakes in JHG. Avantax Advisory Services Inc. boosted its position in Janus Henderson Group by 24.6% in the first quarter. Avantax Advisory Services Inc. now owns 7,919 shares of the company’s stock valued at $286,000 after buying an additional 1,563 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Janus Henderson Group by 9.8% in the 1st quarter. LPL Financial LLC now owns 183,044 shares of the company’s stock worth $6,617,000 after acquiring an additional 16,296 shares in the last quarter. XTX Topco Ltd grew its position in Janus Henderson Group by 87.0% during the 1st quarter. XTX Topco Ltd now owns 11,671 shares of the company’s stock worth $422,000 after acquiring an additional 5,430 shares during the last quarter. US Bancorp DE increased its holdings in Janus Henderson Group by 5.7% during the 1st quarter. US Bancorp DE now owns 11,626 shares of the company’s stock valued at $420,000 after purchasing an additional 623 shares in the last quarter. Finally, Jefferies Financial Group Inc. increased its holdings in Janus Henderson Group by 29.2% during the 1st quarter. Jefferies Financial Group Inc. now owns 8,400 shares of the company’s stock valued at $304,000 after purchasing an additional 1,898 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

JHG opened at $44.71 on Friday. The stock’s 50 day simple moving average is $43.53 and its 200-day simple moving average is $41.97. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6.91 billion, a PE ratio of 13.11, a P/E/G ratio of 0.83 and a beta of 1.57. Janus Henderson Group has a 1 year low of $28.26 and a 1 year high of $49.42.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $700.40 million for the quarter, compared to the consensus estimate of $695.57 million. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The business’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 earnings per share. Sell-side analysts forecast that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, November 10th. Janus Henderson Group’s dividend payout ratio is currently 46.92%.

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.