Janus Henderson Group (NYSE:JHG) Sets New 52-Week High at $33.16

Shares of Janus Henderson Group plc (NYSE:JHG) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $33.16 and last traded at $33.00, with a volume of 36450 shares traded. The stock had previously closed at $32.98.

Analyst Ratings Changes

A number of research firms recently weighed in on JHG. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. JPMorgan Chase & Co. upgraded Janus Henderson Group from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $28.00 to $31.00 in a research note on Friday, February 2nd. UBS Group increased their target price on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company a “sell” rating in a report on Monday, February 5th. TD Cowen began coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price target on the stock. Finally, Morgan Stanley increased their price objective on shares of Janus Henderson Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, January 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $26.93.

Janus Henderson Group Trading Up 0.6 %

The stock has a market cap of $5.35 billion, a P/E ratio of 13.92, a PEG ratio of 1.13 and a beta of 1.52. The firm’s fifty day moving average price is $30.75 and its two-hundred day moving average price is $27.97. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $568.50 million for the quarter, compared to analysts’ expectations of $520.26 million. During the same period in the prior year, the business earned $0.61 earnings per share. Janus Henderson Group’s revenue for the quarter was up 10.3% compared to the same quarter last year. As a group, equities research analysts forecast that Janus Henderson Group plc will post 2.7 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were given a $0.39 dividend. The ex-dividend date was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a yield of 4.70%. Janus Henderson Group’s payout ratio is 65.82%.

Insiders Place Their Bets

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value 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 Securities & Exchange Commission, which is accessible through this link. In other 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 directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Georgina Fogo sold 22,076 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the transaction, the insider now owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 70,133 shares of company stock valued at $2,172,459. 19.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Janus Henderson Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Point72 Asset Management L.P. bought a new stake in shares of Janus Henderson Group during the second quarter valued at approximately $30,000. Hexagon Capital Partners LLC boosted its stake in shares of 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 in the last quarter. EverSource Wealth Advisors LLC raised its stake in Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares in the last quarter. Advisory Services Network LLC lifted its holdings in Janus Henderson Group by 486.3% during the first quarter. Advisory Services Network LLC now owns 1,495 shares of the company’s stock worth $40,000 after buying an additional 1,240 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in Janus Henderson Group during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.