Janus Henderson Group (NYSE:JHG) Price Target Raised to $35.00 at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG) had its price target boosted by JPMorgan Chase & Co. from $31.00 to $35.00 in a research note released on Tuesday, Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other analysts also recently issued reports on JHG. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an equal weight rating in a report on Wednesday, April 17th. StockNews.com upgraded shares of Janus Henderson Group from a hold rating to a buy rating in a report on Thursday, February 29th. TD Cowen started coverage on shares of Janus Henderson Group in a report on Thursday, January 4th. They set a market perform rating and a $30.00 price objective for the company. The Goldman Sachs Group lifted their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a sell rating in a research note on Tuesday, April 2nd. Finally, UBS Group lifted their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a sell rating in a research note on Friday, April 12th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of Hold and a consensus price target of $28.83.

Janus Henderson Group Stock Up 2.0 %

JHG opened at $31.85 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76. The company’s 50-day moving average is $31.67 and its 200 day moving average is $28.80. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $33.25. The firm has a market capitalization of $5.14 billion, a P/E ratio of 13.44, a PEG ratio of 1.51 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The business had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. During the same quarter last year, the company posted $0.61 earnings per share. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. Research analysts expect that Janus Henderson Group will post 2.8 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, February 9th. This represents a $1.56 annualized dividend and a yield of 4.90%. Janus Henderson Group’s dividend payout ratio is currently 65.82%.

Insider Activity at Janus Henderson Group

In related news, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at $114,074.45. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, 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. Over the last 90 days, insiders sold 70,133 shares of company stock valued at $2,172,459. Corporate insiders own 20.00% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds have recently bought and sold shares of the stock. Greenwood Capital Associates LLC lifted its position in Janus Henderson Group by 0.8% during the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock valued at $1,376,000 after purchasing an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after purchasing an additional 369 shares during the last quarter. Hexagon Capital Partners LLC lifted its position in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Janus Henderson Group by 0.3% in the 4th quarter. Retirement Systems of Alabama now owns 165,982 shares of the company’s stock worth $5,004,000 after acquiring an additional 509 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Janus Henderson Group by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 37,734 shares of the company’s stock worth $974,000 after acquiring an additional 510 shares during the last quarter. 87.94% of the stock is currently 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.