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

Shares of Janus Henderson Group plc (NYSE:JHG) have earned a consensus rating of “Buy” from the twelve analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $48.1111.

A number of equities research analysts have issued reports on JHG shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a report on Monday. Evercore ISI reiterated a “positive” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Wall Street Zen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Finally, Cowen reaffirmed a “buy” rating on shares of Janus Henderson Group in a research report on Friday, October 31st.

Insider Buying and Selling

In other news, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the transaction, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Cibc World Market Inc. raised its stake in Janus Henderson Group by 2.9% during the 3rd quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock valued at $375,000 after purchasing an additional 234 shares during the last quarter. AMG National Trust Bank increased its holdings in shares of Janus Henderson Group by 0.9% during the 2nd quarter. AMG National Trust Bank now owns 26,738 shares of the company’s stock worth $1,039,000 after purchasing an additional 237 shares during the period. Addison Advisors LLC raised its position in shares of Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after buying an additional 243 shares during the last quarter. J. W. Coons Advisors LLC lifted its stake in shares of Janus Henderson Group by 2.5% in the second quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company’s stock valued at $414,000 after buying an additional 265 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Janus Henderson Group by 5.9% in the second quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock valued at $192,000 after buying an additional 274 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

JHG opened at $44.71 on Friday. The firm has a market capitalization of $6.91 billion, a P/E ratio of 13.11, a PEG ratio of 0.83 and a beta of 1.57. The stock has a fifty day moving average of $43.53 and a 200-day moving average of $41.97. The company has a quick ratio of 2.15, a current ratio of 4.02 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 12-month low of $28.26 and a 12-month high of $49.42.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The firm had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. During the same period in the previous year, the firm earned $0.91 earnings per share. Janus Henderson Group’s quarterly revenue was up 12.1% on a year-over-year basis. Equities analysts forecast that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group’s dividend payout ratio is presently 46.92%.

Janus Henderson Group Company Profile

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.