Janus Henderson Group plc (NYSE:JHG) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Janus Henderson Group plc (NYSE:JHG) have earned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and five have 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 $42.78.

JHG has been the topic of several recent research reports. Evercore ISI lifted their price objective on Janus Henderson Group from $33.00 to $35.00 and gave the stock an “in-line” rating in a report on Friday, May 2nd. Morgan Stanley lifted their price objective on Janus Henderson Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $50.00 in a report on Monday, February 24th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Finally, StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th.

Institutional Trading of Janus Henderson Group

Several institutional investors have recently bought and sold shares of the stock. Richardson Financial Services Inc. raised its position in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after purchasing an additional 363 shares during the last quarter. UMB Bank n.a. raised its position in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the last quarter. Brooklyn Investment Group raised its position in Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after purchasing an additional 594 shares during the last quarter. True Wealth Design LLC raised its position in Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $38.40 on Tuesday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is $34.55 and its two-hundred day moving average is $40.11. The company has a market cap of $6.05 billion, a P/E ratio of 15.00, a P/E/G ratio of 0.66 and a beta of 1.46. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The company had revenue of $621.40 million for the quarter, compared to analyst estimates of $623.56 million. During the same quarter last year, the firm earned $0.71 EPS. Janus Henderson Group’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities analysts expect that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 12th will be paid a $0.40 dividend. This is a positive change from Janus Henderson Group’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, May 12th. This represents a $1.60 annualized dividend and a yield of 4.17%. Janus Henderson Group’s payout ratio is currently 63.49%.

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.