Shares of Janus Henderson Group PLC (NYSE:JHG) reached a new 52-week low on Tuesday . The stock traded as low as $22.79 and last traded at $22.75, with a volume of 646229 shares traded. The stock had previously closed at $23.06.

Several analysts have recently weighed in on JHG shares. Deutsche Bank downgraded Janus Henderson Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $35.00 to $31.00 in a research report on Wednesday, August 1st. ValuEngine downgraded Janus Henderson Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 2nd. Citigroup downgraded Janus Henderson Group from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $37.00 to $32.35 in a research report on Thursday, August 2nd. Credit Suisse Group reiterated an “underperform” rating and set a $29.00 target price on shares of Janus Henderson Group in a research report on Friday, August 24th. Finally, Zacks Investment Research downgraded Janus Henderson Group from a “hold” rating to a “sell” rating in a research report on Thursday, September 13th. Three equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $33.56.

The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 0.82 and a beta of 1.29. The company has a quick ratio of 2.00, a current ratio of 2.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, November 1st. The company reported $0.69 earnings per share for the quarter, hitting the consensus estimate of $0.69. Janus Henderson Group had a return on equity of 11.67% and a net margin of 37.59%. The business had revenue of $581.20 million during the quarter, compared to the consensus estimate of $586.45 million. During the same period last year, the company earned $0.56 earnings per share. The business’s revenue for the quarter was up 27.8% compared to the same quarter last year. Equities analysts expect that Janus Henderson Group PLC will post 2.86 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Monday, November 12th will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, November 8th. This represents a $1.44 annualized dividend and a dividend yield of 6.33%. Janus Henderson Group’s dividend payout ratio is currently 58.06%.

Several institutional investors have recently made changes to their positions in JHG. Dai ichi Life Holdings Inc. increased its stake in shares of Janus Henderson Group by 18.0% during the second quarter. Dai ichi Life Holdings Inc. now owns 30,668,922 shares of the company’s stock valued at $942,456,000 after buying an additional 4,687,601 shares during the period. Silchester International Investors LLP increased its stake in shares of Janus Henderson Group by 36.7% during the third quarter. Silchester International Investors LLP now owns 15,137,783 shares of the company’s stock valued at $408,115,000 after buying an additional 4,064,271 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in shares of Janus Henderson Group by 95.7% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,681 shares of the company’s stock valued at $70,815,000 after buying an additional 1,284,680 shares during the period. Citadel Advisors LLC increased its stake in shares of Janus Henderson Group by 5,499.6% during the third quarter. Citadel Advisors LLC now owns 1,180,904 shares of the company’s stock valued at $31,837,000 after buying an additional 1,159,815 shares during the period. Finally, BlackRock Inc. increased its stake in shares of Janus Henderson Group by 2.3% during the second quarter. BlackRock Inc. now owns 12,465,718 shares of the company’s stock valued at $383,070,000 after buying an additional 278,223 shares during the period. Hedge funds and other institutional investors own 53.88% of the company’s stock.

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About Janus Henderson Group (NYSE:JHG)

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.

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