Janus Henderson Group (NYSE:JHG) Price Target Raised to $45.00

Janus Henderson Group (NYSE:JHG) had its price objective boosted by UBS Group from $42.00 to $45.00 in a research report report published on Monday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other brokerages have also recently weighed in on JHG. Wells Fargo & Company upped their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the company from $42.00 to $45.00 in a research report on Monday, January 6th. JPMorgan Chase & Co. reduced their price target on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Finally, TD Cowen increased their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus price target of $46.75.

Janus Henderson Group Trading Up 4.4 %

JHG stock opened at $45.94 on Monday. Janus Henderson Group has a 12 month low of $29.64 and a 12 month high of $45.99. The firm’s 50-day moving average is $43.30 and its 200 day moving average is $40.38. The company has a market capitalization of $7.30 billion, a PE ratio of 17.94, a P/E/G ratio of 0.62 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same quarter last year, the firm earned $0.82 EPS. On average, research analysts anticipate that Janus Henderson Group will post 3.74 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.40%. Janus Henderson Group’s payout ratio is 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP grew its stake in Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. boosted its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Richardson Financial Services Inc. grew its stake in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the last quarter. Huntington National Bank increased its holdings in shares of Janus Henderson Group by 24.5% during the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares in the last quarter. Finally, Addison Advisors LLC raised its position in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after purchasing an additional 642 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.