Shares of Janus Henderson Group PLC (NYSE:JHG) have earned a consensus rating of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $29.09.
A number of equities research analysts recently issued reports on JHG shares. Zacks Investment Research lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. raised Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price target for the company in a research note on Tuesday, March 12th. ValuEngine lowered Janus Henderson Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 2nd. Bank of America set a $24.00 price target on Janus Henderson Group and gave the stock a “sell” rating in a research note on Tuesday, April 9th. Finally, Macquarie lowered Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, May 2nd.
Shares of JHG stock opened at $21.18 on Friday. Janus Henderson Group has a 52-week low of $19.00 and a 52-week high of $34.62. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.74 and a quick ratio of 1.94. The company has a market cap of $4.39 billion, a P/E ratio of 7.73, a price-to-earnings-growth ratio of 1.17 and a beta of 1.16.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 52.55%.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of Montreal Can raised its position in Janus Henderson Group by 6.6% during the 4th quarter. Bank of Montreal Can now owns 7,851 shares of the company’s stock valued at $163,000 after purchasing an additional 483 shares in the last quarter. Investors Research Corp raised its position in Janus Henderson Group by 1.5% during the 1st quarter. Investors Research Corp now owns 45,262 shares of the company’s stock valued at $1,131,000 after purchasing an additional 650 shares in the last quarter. JOYN Advisors Inc. raised its position in Janus Henderson Group by 1,046.4% during the 4th quarter. JOYN Advisors Inc. now owns 1,261 shares of the company’s stock valued at $26,000 after purchasing an additional 1,151 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in Janus Henderson Group during the 1st quarter valued at $34,000. Finally, Crossmark Global Holdings Inc. raised its position in Janus Henderson Group by 7.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 20,594 shares of the company’s stock valued at $427,000 after purchasing an additional 1,400 shares in the last quarter. 60.44% of the stock is owned by institutional investors and hedge funds.
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.
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