Janus Henderson Group (NYSE:JHG) PT Raised to $37.00

Janus Henderson Group (NYSE:JHG) had its price objective upped by The Goldman Sachs Group from $36.00 to $37.00 in a research report report published on Thursday morning, Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

Several other research firms also recently weighed in on JHG. JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a neutral rating in a research report on Friday, August 2nd. TD Cowen increased their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a buy rating in a research note on Monday, July 8th. UBS Group raised shares of Janus Henderson Group from a sell rating to a neutral rating and increased their price target for the company from $33.00 to $37.00 in a report on Monday, September 9th. Wells Fargo & Company began coverage on shares of Janus Henderson Group in a research report on Thursday, September 12th. They set an equal weight rating and a $37.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a hold rating in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of Hold and a consensus target price of $34.63.

Janus Henderson Group Stock Up 3.4 %

Shares of NYSE JHG opened at $38.94 on Thursday. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.76 and a beta of 1.50. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $39.11. The business’s 50 day moving average is $36.65 and its two-hundred day moving average is $34.49.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The business had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.62 earnings per share. Research analysts predict that Janus Henderson Group will post 3.23 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s payout ratio is 58.87%.

Insider Transactions at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was bought at an average price of $3.20 per share, for a total transaction 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 trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was bought at an average price of $3.20 per share, for a total transaction 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 trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the 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 directly 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. In the last quarter, insiders purchased 251,137 shares of company stock worth $816,488 and sold 25,651 shares worth $918,158. 19.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of JHG. Vanguard Group Inc. lifted its stake in shares of Janus Henderson Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after purchasing an additional 71,753 shares during the period. Capital Research Global Investors raised its stake in shares of Janus Henderson Group by 1.2% in the first quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock worth $290,456,000 after purchasing an additional 103,341 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Janus Henderson Group by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Janus Henderson Group by 43.5% in the second quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after acquiring an additional 1,809,249 shares during the period. Finally, Ariel Investments LLC grew its holdings in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after acquiring an additional 16,653 shares during the period. 87.94% of the stock is currently owned by 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.