Janus Henderson Group plc Receives Consensus 'Hold' Rating

Janus Henderson Group plc (NYSE:JHG - Get Free Report) has received a consensus rating of "Hold" from the eight brokerages currently monitoring the company, as reported by Marketbeat Ratings. Among these analysts, six have assigned a hold rating while two have given it a buy rating. The average price target over the next 12 months set by the analysts stands at $46.75.

Recent reports from various research firms have provided insight into Janus Henderson Group's stock performance. On February 3rd, Wells Fargo & Company increased its price target from $43.00 to $46.00, maintaining an "equal weight" rating. Additionally, on January 6th, The Goldman Sachs Group raised the stock's rating from "sell" to "neutral", increasing the price objective from $42.00 to $45.00. Evercore ISI lifted its target price from $40.00 to $43.00 on November 7th, also awarding an "in-line" rating.

On the same day as Wells Fargo's report, UBS Group revised their price target for Janus Henderson Group from $42.00 to $45.00 and retained a "neutral" stance. Deutsche Bank Aktiengesellschaft also upgraded its target from $42.00 to $44.00, providing a hold rating on November 11th. These assessments reflect the analysts' balanced outlook regarding the company's stock.

Recent Institutional Activity

Institutional investors have been adjusting their holdings in Janus Henderson Group recently. Quarry LP notably increased its stake by 203.6% during the third quarter, acquiring 509 additional shares and reaching a total of 759 shares valued at approximately $29,000. UMB Bank n.a. raised its stake by 56.5% in the fourth quarter, now owning 787 shares worth $33,000 after buying an additional 284 shares.

Richardson Financial Services Inc. also significantly boosted its investment in Janus Henderson Group by 89.4% in the last quarter, owning 769 shares valued at $33,000 post-purchase. Huntington National Bank increased its stake by 24.5% during the third quarter, holding 1,219 shares worth $46,000. Furthermore, Addison Advisors LLC expanded its holdings by 103.4%, currently owning 1,263 shares valued at about $48,000. Collectively, institutional and hedge fund investors control 87.94% of the company's stock.

Janus Henderson Group Stock Overview

As of Friday, Janus Henderson Group's stock opened at $45.32. The firm's financial ratios include a debt-to-equity ratio of 0.08, a quick ratio of 2.08, and a current ratio of 3.08. The company, which boasts a market capitalization of $7.21 billion, noted a PE ratio of 17.70 and a P/E/G ratio of 0.71. The stock has fluctuated within a 52-week range of $29.64 to $46.68 and has a fifty-day moving average of $43.32, alongside a two-hundred day moving average of $40.52.

On January 31st, Janus Henderson Group published its latest earnings results, reporting an EPS of $1.07 for the quarter, which was above analysts' expectations of $0.94 by $0.13. The company exhibited a net margin of 16.38% and a return on equity of 12.18%. Comparing year-over-year, the earnings per share improved from $0.82. Analysts predict Janus Henderson Group will achieve an EPS of 3.74 for the current fiscal year.

Dividend Announcement

Moreover, Janus Henderson Group has announced a quarterly dividend that is scheduled for payment on Thursday, February 27th. Shareholders who are on record as of Tuesday, February 11th, will receive a dividend of $0.39 per share. The ex-dividend date is also February 11th. This dividend translates to an annualized total of $1.56 with a yield of 3.44%, while the payout ratio stands at 60.94%.

About the Company

Janus Henderson Group plc functions as an asset management holding company and offers services to institutional investors, retail clients, and high-net-worth individuals through its subsidiaries. The company manages distinct equity and fixed income portfolios tailored to client needs and oversees various mutual funds, including equity, fixed income, and balanced options.

Janus, Stocks, Investment