Janus Henderson Group (NYSE:JHG) Cut to Hold at StockNews.com

StockNews.com cut shares of Janus Henderson Group (NYSE:JHG) from a buy rating to a hold rating in a research report released on Tuesday.

Other equities analysts have also recently issued research reports about the company. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their target price for the company from $42.00 to $45.00 in a research note on Monday, January 6th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Finally, Wells Fargo & Company upped their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $47.38.

Janus Henderson Group Trading Down 1.2 %

Shares of JHG opened at $37.06 on Tuesday. Janus Henderson Group has a twelve month low of $30.35 and a twelve month high of $46.68. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $41.34 and its 200-day simple moving average is $41.47. The company has a market cap of $5.84 billion, a P/E ratio of 14.48, a P/E/G ratio of 0.66 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period last year, the company posted $0.82 EPS. As a group, analysts expect that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend was Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP grew its position in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. boosted its holdings in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after acquiring an additional 363 shares in the last quarter. True Wealth Design LLC raised its position in shares of Janus Henderson Group by 66.9% in the 4th quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Finally, Larson Financial Group LLC grew its position in Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock worth $48,000 after purchasing an additional 288 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other 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.