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

Janus Henderson Group plc (NYSE:JHG) has received an average rating of “Hold” from the nine analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $33.33.

Several equities research analysts recently weighed in on JHG shares. Wells Fargo & Company started coverage on shares of Janus Henderson Group in a research note on Thursday, September 12th. They set an “equal weight” rating and a $37.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. TD Cowen boosted their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft increased their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. Finally, StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th.

Janus Henderson Group Price Performance

Shares of JHG opened at $37.71 on Thursday. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $39.11. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 0.72 and a beta of 1.51. The stock has a 50 day moving average of $36.08 and a 200-day moving average of $33.93.

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

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.14%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s payout ratio is currently 58.87%.

Insider Activity at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the company’s stock in a transaction on Wednesday, July 24th. The shares were bought at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the company’s stock in a transaction dated Wednesday, July 24th. The shares were bought at an average price of $3.20 per share, with a total value of $607,539.20. Following the purchase, the insider now owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following 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. In the last 90 days, insiders purchased 492,997 shares of company stock worth $1,667,418 and sold 25,651 shares worth $918,158. 19.60% of the stock is currently owned by insiders.

Institutional Trading of Janus Henderson Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in JHG. Point72 Asia Singapore Pte. Ltd. acquired a new position in Janus Henderson Group in the second quarter worth approximately $227,000. Creative Planning grew its holdings in shares of Janus Henderson Group by 14.6% in the 2nd quarter. Creative Planning now owns 28,524 shares of the company’s stock worth $962,000 after acquiring an additional 3,628 shares during the last quarter. Algert Global LLC raised its position in shares of Janus Henderson Group by 315.7% during the second quarter. Algert Global LLC now owns 78,495 shares of the company’s stock worth $2,646,000 after purchasing an additional 59,611 shares during the period. Mackenzie Financial Corp raised its position in shares of 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 purchasing an additional 4,174 shares during the period. Finally, Millennium Management LLC boosted its position in shares of 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 purchasing an additional 1,809,249 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

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.