Janus Henderson Group plc (JHG) Receives $37.75 Consensus Target Price from Analysts

Janus Henderson Group plc (NYSE:JHG) has earned an average rating of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat.com reports. Nine analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $37.75.

Several analysts have recently weighed in on the company. Citigroup lowered Janus Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a report on Thursday, January 25th. Zacks Investment Research upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Friday, January 5th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $41.00 price objective on shares of Janus Henderson Group in a report on Tuesday, January 9th. Credit Suisse Group cut their price objective on Janus Henderson Group from $38.00 to $37.00 and set a “neutral” rating for the company in a report on Wednesday, February 7th. Finally, ValuEngine upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Friday, October 27th.

Shares of Janus Henderson Group (NYSE JHG) traded down $0.07 during mid-day trading on Wednesday, reaching $35.43. The company’s stock had a trading volume of 460,733 shares, compared to its average volume of 802,956. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a one year low of $2.73 and a one year high of $41.64. The firm has a market cap of $7,120.00, a price-to-earnings ratio of 10.27, a PEG ratio of 1.04 and a beta of 2.05.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.07. The company had revenue of $505.30 million during the quarter, compared to analyst estimates of $565.83 million. Janus Henderson Group had a return on equity of 11.45% and a net margin of 36.34%. The company’s revenue for the quarter was up 21.8% compared to the same quarter last year. analysts predict that Janus Henderson Group will post 2.94 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 16th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, February 15th.

Several institutional investors have recently made changes to their positions in JHG. Bartlett & Co. LLC acquired a new stake in shares of Janus Henderson Group during the third quarter worth $101,000. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth $102,000. Teachers Advisors LLC acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth $106,000. First Manhattan Co. acquired a new stake in shares of Janus Henderson Group during the third quarter worth $123,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Janus Henderson Group during the third quarter worth $131,000. 46.63% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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