Janus Henderson Group (NYSE:JHG) PT Raised to $36.00

Janus Henderson Group (NYSE:JHG) had its target price raised by JPMorgan Chase & Co. from $35.00 to $36.00 in a research report released on Friday morning, Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other research firms have also issued reports on JHG. UBS Group increased their target price on Janus Henderson Group from $28.00 to $30.00 and gave the stock a sell rating in a report on Friday, April 12th. The Goldman Sachs Group increased their target price on Janus Henderson Group from $29.00 to $32.00 and gave the stock a sell rating in a report on Tuesday, April 2nd. TD Cowen started coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a market perform rating and a $30.00 target price on the stock. StockNews.com raised Janus Henderson Group from a hold rating to a buy rating in a report on Thursday, February 29th. Finally, Morgan Stanley increased their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an equal weight rating in a report on Wednesday, April 17th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of $28.93.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $33.04 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64. The stock’s fifty day moving average price is $31.83 and its two-hundred day moving average price is $29.29. Janus Henderson Group has a one year low of $22.17 and a one year high of $33.31. The firm has a market cap of $5.30 billion, a price-to-earnings ratio of 12.47, a P/E/G ratio of 1.54 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm had revenue of $551.70 million for the quarter, compared to analyst estimates of $547.20 million. During the same period in the prior year, the firm posted $0.55 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities analysts forecast that Janus Henderson Group will post 2.85 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Investors of record on Monday, May 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.72%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock valued at $2,172,459 over the last ninety days. 20.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds have recently made changes to their positions in the stock. Silchester International Investors LLP raised its position in shares of Janus Henderson Group by 6.5% during the fourth quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock worth $448,893,000 after acquiring an additional 914,200 shares during the last quarter. Vanguard Group Inc. grew its stake in Janus Henderson Group by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 13,580,920 shares of the company’s stock worth $409,465,000 after purchasing an additional 40,427 shares during the period. Dimensional Fund Advisors LP grew its stake in Janus Henderson Group by 6.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,444,113 shares of the company’s stock worth $224,442,000 after purchasing an additional 419,392 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Janus Henderson Group by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,446,283 shares of the company’s stock worth $103,905,000 after purchasing an additional 17,869 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Janus Henderson Group by 1.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,791,631 shares of the company’s stock worth $54,018,000 after purchasing an additional 17,688 shares during the period. 87.94% of the stock is currently owned by 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.