Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group (NYSE:JHG) had its price objective boosted by Deutsche Bank Aktiengesellschaft from $42.00 to $44.00 in a report issued on Monday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Other research analysts have also issued reports about the company. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Evercore ISI lifted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Morgan Stanley lifted their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. The Goldman Sachs Group lifted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. Finally, Wells Fargo & Company lifted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Trading Down 0.2 %

JHG opened at $44.48 on Monday. Janus Henderson Group has a 52 week low of $24.81 and a 52 week high of $45.45. The business has a fifty day simple moving average of $39.33 and a 200-day simple moving average of $36.21. The firm has a market cap of $7.07 billion, a P/E ratio of 17.58, a P/E/G ratio of 0.58 and a beta of 1.49. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period last year, the business posted $0.64 earnings per share. On average, equities analysts expect that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Insider Buying and Selling at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction dated 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 $3,251,142.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock worth $918,158 over the last ninety days. 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. Mirae Asset Global Investments Co. Ltd. increased its position in Janus Henderson Group by 163.0% in 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 acquiring an additional 29,181 shares during the period. BNP Paribas Financial Markets increased 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 valued at $523,000 after acquiring an additional 777 shares during the period. Meeder Advisory Services Inc. acquired a new position in Janus Henderson Group in the 1st quarter valued at about $244,000. QRG Capital Management Inc. increased its position in Janus Henderson Group by 21.9% in the 1st quarter. QRG Capital Management Inc. now owns 26,568 shares of the company’s stock valued at $874,000 after acquiring an additional 4,779 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Janus Henderson Group by 77.7% in the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after acquiring an additional 110,136 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.