Janus Henderson Group plc (NYSE:JHG) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus recommendation of “Reduce” by the eight brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $29.59.

A number of brokerages recently weighed in on JHG. UBS Group boosted their price target on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Friday, April 12th. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. JPMorgan Chase & Co. raised their price target on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Finally, The Goldman Sachs Group increased their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,451 shares of company stock valued at $2,275,283. Corporate insiders own 20.00% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hexagon Capital Partners LLC grew its holdings in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after buying an additional 369 shares in the last quarter. Neo Ivy Capital Management bought a new position in shares of Janus Henderson Group during the 3rd quarter valued at approximately $39,000. Headlands Technologies LLC purchased a new stake in Janus Henderson Group in the 4th quarter worth approximately $52,000. Finally, Assetmark Inc. raised its stake in Janus Henderson Group by 14.8% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $114,000 after acquiring an additional 567 shares during the period. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Up 0.6 %

NYSE:JHG opened at $33.10 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. Janus Henderson Group has a one year low of $22.17 and a one year high of $33.47. The company has a market cap of $5.31 billion, a PE ratio of 12.49, a PEG ratio of 1.54 and a beta of 1.53. The firm has a 50-day moving average of $31.95 and a 200-day moving average of $29.41.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The firm had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. During the same quarter in the prior year, the business posted $0.55 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. As a group, equities research analysts expect that Janus Henderson Group will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.56 annualized dividend and a yield of 4.71%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

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.