Janus Henderson Group (NYSE:JHG) Given New $42.00 Price Target at Deutsche Bank Aktiengesellschaft

Janus Henderson Group (NYSE:JHG) had its price objective raised by Deutsche Bank Aktiengesellschaft from $40.00 to $42.00 in a report issued on Friday, Benzinga reports. The firm currently has a hold rating on the stock.

Other research analysts have also recently issued research reports about the company. Evercore ISI boosted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock an “in-line” rating in a research report on Friday, October 4th. The Goldman Sachs Group boosted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a report on Thursday, October 3rd. UBS Group raised their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. TD Cowen boosted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Finally, Morgan Stanley raised their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $40.75.

Janus Henderson Group Price Performance

JHG opened at $41.56 on Friday. Janus Henderson Group has a 1 year low of $24.04 and a 1 year high of $42.46. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.05 and a quick ratio of 2.67. The company has a market capitalization of $6.62 billion, a price-to-earnings ratio of 16.43, a P/E/G ratio of 0.79 and a beta of 1.49. The firm’s fifty day moving average price is $38.48 and its two-hundred day moving average price is $35.67.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period in the prior year, the firm posted $0.64 EPS. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. As a group, analysts anticipate that Janus Henderson Group will post 3.28 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Insider Buying and Selling

In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated 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 directly owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,651 shares of company stock valued at $918,158. Corporate insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors and hedge funds have recently bought and sold shares of JHG. State of Michigan Retirement System grew its position in Janus Henderson Group by 2.2% in the first quarter. State of Michigan Retirement System now owns 32,513 shares of the company’s stock worth $1,069,000 after acquiring an additional 700 shares in the last quarter. Retirement Systems of Alabama increased its position in shares of Janus Henderson Group by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after purchasing an additional 439 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Janus Henderson Group by 163.0% during 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 buying an additional 29,181 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Janus Henderson Group by 5.1% in the 1st quarter. BNP Paribas Financial Markets now owns 15,908 shares of the company’s stock worth $523,000 after buying an additional 777 shares during the last quarter. Finally, Graypoint LLC boosted its stake in Janus Henderson Group by 27.7% in the first quarter. Graypoint LLC now owns 9,811 shares of the company’s stock worth $323,000 after buying an additional 2,131 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.