UBS Group Issues Positive Forecast for Janus Henderson Group (NYSE:JHG) Stock Price

Janus Henderson Group (NYSE:JHG) had its target price boosted by UBS Group from $42.00 to $45.00 in a research report released on Monday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other brokerages have also recently weighed in on JHG. JPMorgan Chase & Co. reduced their price objective on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Morgan Stanley boosted their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Deutsche Bank Aktiengesellschaft raised their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $45.63.

Janus Henderson Group Stock Down 0.8 %

JHG opened at $44.55 on Monday. The company has a market capitalization of $7.08 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. The firm has a 50-day simple moving average of $43.34 and a two-hundred day simple moving average of $40.25. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 52 week low of $29.50 and a 52 week high of $45.74.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the company posted $0.82 earnings per share. Analysts forecast that Janus Henderson Group will post 3.74 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 Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s payout ratio is presently 60.94%.

Institutional Investors Weigh In On Janus Henderson Group

Several large investors have recently added to or reduced their stakes in the stock. Quarry LP increased its position in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. grew its stake in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after buying an additional 363 shares in the last quarter. Huntington National Bank increased its stake in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after buying an additional 240 shares during the period. Finally, Addison Advisors LLC grew its holdings in Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.