Brokerages Set Janus Henderson Group plc (NYSE:JHG) PT at $47.00

Janus Henderson Group plc (NYSE:JHG) has been given a consensus rating of “Moderate Buy” by the thirteen ratings firms that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $47.00.

JHG has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Wells Fargo & Company raised their price objective on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Finally, Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th.

Janus Henderson Group Stock Performance

NYSE JHG opened at $41.73 on Friday. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 52-week low of $28.26 and a 52-week high of $46.68. The business’s 50-day moving average price is $44.16 and its 200 day moving average price is $39.62. The firm has a market cap of $6.51 billion, a P/E ratio of 15.69, a P/E/G ratio of 0.90 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The firm had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. During the same quarter last year, the company posted $0.85 earnings per share. The business’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.8%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.15%.

Insider Transactions at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer directly owned 113,097 shares in the company, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the sale, the insider owned 58,057 shares of the company’s stock, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. 20.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. AMG National Trust Bank boosted its holdings in Janus Henderson Group by 0.9% during the second quarter. AMG National Trust Bank now owns 26,738 shares of the company’s stock worth $1,039,000 after buying an additional 237 shares in the last quarter. J. W. Coons Advisors LLC boosted its holdings in Janus Henderson Group by 2.5% during the second quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company’s stock worth $414,000 after buying an additional 265 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Janus Henderson Group by 5.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock worth $192,000 after buying an additional 274 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in Janus Henderson Group by 0.8% during the first quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock worth $1,287,000 after buying an additional 300 shares in the last quarter. Finally, Arete Wealth Advisors LLC boosted its holdings in Janus Henderson Group by 2.4% during the first quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company’s stock worth $468,000 after buying an additional 309 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.