Janus Henderson Group (NYSE:JHG) Upgraded at UBS Group

UBS Group upgraded shares of Janus Henderson Group (NYSE:JHG) from a sell rating to a neutral rating in a report released on Monday morning, Marketbeat reports. They currently have $37.00 target price on the stock, up from their prior target price of $33.00.

A number of other analysts have also commented on the company. StockNews.com lowered Janus Henderson Group from a buy rating to a hold rating in a research note on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a hold rating in a research report on Thursday, August 15th. TD Cowen boosted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a buy rating in a research report on Monday, July 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a neutral rating in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Janus Henderson Group presently has an average rating of Hold and an average target price of $32.92.

Janus Henderson Group Price Performance

JHG stock opened at $35.19 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. The firm has a market cap of $5.60 billion, a P/E ratio of 13.28, a P/E/G ratio of 0.71 and a beta of 1.51. The firm’s fifty day moving average is $35.84 and its 200 day moving average is $33.73. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $39.11.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million during the quarter, compared to the consensus estimate of $568.79 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. Research analysts predict that Janus Henderson Group will post 3.23 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.43%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

Insiders Place Their Bets

In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, major shareholder Henderson Group Plc Janus bought 189,856 shares of the firm’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average cost of $3.20 per share, for a total transaction of $607,539.20. Following the purchase, the insider now owns 2,081,168 shares in the company, valued at $6,659,737.60. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. The disclosure for this sale can be found here. In the last quarter, insiders acquired 492,997 shares of company stock valued at $1,667,418. Corporate insiders own 19.60% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd purchased a new stake in shares of Janus Henderson Group during the 4th quarter valued at about $834,000. CHURCHILL MANAGEMENT Corp purchased a new stake in Janus Henderson Group during the first quarter valued at approximately $6,793,000. Duality Advisers LP bought a new position in Janus Henderson Group in the first quarter worth approximately $2,741,000. Mirae Asset Global Investments Co. Ltd. raised its position in Janus Henderson Group by 163.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock worth $1,549,000 after acquiring an additional 29,181 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Janus Henderson Group by 77.7% during the 1st quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after acquiring an additional 110,136 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.