Janus Henderson Group (NYSE:JHG) Price Target Increased to $38.00 by Analysts at TD Cowen

Janus Henderson Group (NYSE:JHGFree Report) had its price target lifted by TD Cowen from $37.00 to $38.00 in a report released on Monday, Benzinga reports. TD Cowen currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on JHG. JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $35.00 to $36.00 and gave the stock a neutral rating in a report on Friday, May 3rd. The Goldman Sachs Group increased their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a sell rating in a research note on Tuesday, April 2nd. Morgan Stanley lifted their price target 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. StockNews.com cut shares of Janus Henderson Group from a buy rating to a hold rating in a research report on Friday, May 3rd. Finally, UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the stock a sell rating in a research note on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $30.48.

Read Our Latest Research Report on Janus Henderson Group

Janus Henderson Group Stock Up 0.3 %

Janus Henderson Group stock opened at $34.19 on Monday. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.99 and a beta of 1.51. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $34.96. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. The firm has a 50 day moving average price of $33.42 and a two-hundred day moving average price of $31.74.

Janus Henderson Group (NYSE:JHGGet Free Report) last announced its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. Janus Henderson Group’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 earnings per share. Equities analysts predict that Janus Henderson Group will post 2.98 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were issued a $0.39 dividend. The ex-dividend date was Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.56%. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors have recently bought and sold shares of the stock. Greenwood Capital Associates LLC grew its stake in shares of Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after acquiring an additional 350 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after purchasing an additional 369 shares during the last quarter. Abich Financial Wealth Management LLC grew its position in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares in the last quarter. Retirement Systems of Alabama increased its stake in Janus Henderson Group by 0.3% in the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock valued at $5,474,000 after buying an additional 439 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Janus Henderson Group by 10.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock worth $175,000 after buying an additional 490 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

About Janus Henderson Group

(Get Free Report)

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.

Read More

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.