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

Janus Henderson Group plc (NYSE:JHG) has been given a consensus rating of “Moderate Buy” by the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $48.1111.

JHG has been the topic of a number of recent research reports. Bank of America raised their price objective on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Evercore ISI restated a “positive” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a report on Monday. BMO Capital Markets assumed coverage on Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 target price on the stock. Finally, Cowen restated a “buy” rating on shares of Janus Henderson Group in a research report on Friday, October 31st.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $45.49 on Friday. The firm has a market cap of $7.03 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 0.82 and a beta of 1.57. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $49.42. The company has a quick ratio of 2.15, a current ratio of 4.02 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average price of $43.58 and a 200 day moving average price of $42.27.

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

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. Janus Henderson Group’s payout ratio is currently 46.92%.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently made changes to their positions in JHG. Bessemer Group Inc. grew its holdings in shares of Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares during the period. United Community Bank bought a new position in Janus Henderson Group during the third quarter worth about $30,000. Quent Capital LLC acquired a new position in Janus Henderson Group in the third quarter valued at about $36,000. Addison Advisors LLC grew its stake in Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after acquiring an additional 243 shares during the period. Finally, Brooklyn Investment Group increased its holdings in shares of Janus Henderson Group by 182.2% in the first quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after acquiring an additional 594 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

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.