UBS Group Forecasts Strong Price Appreciation for Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group (NYSE:JHG) had its target price boosted by UBS Group from $42.00 to $45.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

JHG has been the subject of several other research reports. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the stock from $42.00 to $45.00 in a report on Monday, January 6th. TD Cowen lifted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. reduced their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $45.63.

Janus Henderson Group Stock Performance

Shares of JHG opened at $44.55 on Monday. The stock has a 50-day moving average of $43.34 and a two-hundred day moving average of $40.25. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market cap of $7.08 billion, a P/E ratio of 17.40, a P/E/G ratio of 0.62 and a beta of 1.50. Janus Henderson Group has a one year low of $29.50 and a one year high of $45.74.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period last year, the company earned $0.82 EPS. As a group, research analysts predict that Janus Henderson Group will post 3.74 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be given a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 annualized dividend and a dividend yield of 3.50%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Callan Capital LLC raised its holdings in shares of Janus Henderson Group by 5.3% during the fourth quarter. Callan Capital LLC now owns 5,741 shares of the company’s stock valued at $244,000 after acquiring an additional 287 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in Janus Henderson Group by 32.5% during the 4th quarter. Allianz Asset Management GmbH now owns 1,927,318 shares of the company’s stock worth $81,969,000 after purchasing an additional 473,143 shares during the last quarter. Ieq Capital LLC grew its holdings in shares of Janus Henderson Group by 1,561.3% during the fourth quarter. Ieq Capital LLC now owns 100,790 shares of the company’s stock worth $4,287,000 after buying an additional 94,723 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of Janus Henderson Group by 58.9% in the fourth quarter. Global Retirement Partners LLC now owns 5,027 shares of the company’s stock valued at $214,000 after buying an additional 1,864 shares during the last quarter. Finally, Convergence Investment Partners LLC lifted its stake in shares of Janus Henderson Group by 13.4% in the fourth quarter. Convergence Investment Partners LLC now owns 48,583 shares of the company’s stock worth $2,066,000 after buying an additional 5,722 shares in the last quarter. Institutional investors and hedge funds 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.