Brokerages Set Janus Henderson Group plc (NYSE:JHG) Target Price at $27.93

Shares of Janus Henderson Group plc (NYSE:JHG) have been given a consensus rating of “Reduce” by the nine brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $28.43.

A number of research firms have weighed in on JHG. Morgan Stanley lifted their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Thursday, February 29th. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a report on Tuesday, April 2nd. UBS Group lifted their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a report on Friday, April 12th. Finally, TD Cowen began coverage on Janus Henderson Group in a report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective on the stock.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Georgina Fogo sold 22,076 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the transaction, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the transaction, the chief financial officer now owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,133 shares of company stock valued at $2,172,459. Company insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

A number of large investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. acquired a new stake in Janus Henderson Group in the 1st quarter valued at about $218,000. US Bancorp DE lifted its stake in Janus Henderson Group by 5.7% in the 1st quarter. US Bancorp DE now owns 10,109 shares of the company’s stock valued at $354,000 after purchasing an additional 542 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Janus Henderson Group by 100.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,194 shares of the company’s stock valued at $392,000 after purchasing an additional 5,599 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Janus Henderson Group by 10.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,107 shares of the company’s stock valued at $215,000 after purchasing an additional 585 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its stake in Janus Henderson Group by 7.4% in the 1st quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock valued at $234,000 after purchasing an additional 459 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Trading Up 0.7 %

Shares of JHG opened at $30.68 on Monday. Janus Henderson Group has a 12-month low of $22.17 and a 12-month high of $33.25. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 12.95, a P/E/G ratio of 1.48 and a beta of 1.53. The stock’s 50-day moving average price is $31.63 and its 200 day moving average price is $28.70.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.26. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The firm had revenue of $568.50 million for the quarter, compared to analyst estimates of $520.26 million. During the same period in the previous year, the company posted $0.61 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. As a group, research analysts predict that Janus Henderson Group will post 2.8 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is presently 65.82%.

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.