Janus Henderson Group (NYSE:JHG) Hits New 12-Month High – Should You Buy?

Janus Henderson Group plc (NYSE:JHG) shares reached a new 52-week high during trading on Monday . The stock traded as high as $45.74 and last traded at $45.61, with a volume of 18947 shares. The stock had previously closed at $45.17.

Analysts Set New Price Targets

Several equities research analysts have weighed in on JHG shares. 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 report on Monday, November 11th. TD Cowen raised their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company upped their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Evercore ISI increased their price objective on shares of Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Finally, UBS Group boosted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $41.75.

Janus Henderson Group Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market cap of $7.20 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49. The firm has a fifty day moving average price of $41.03 and a 200 day moving average price of $37.09.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same quarter last year, the company earned $0.64 earnings per share. The company’s quarterly revenue was up 19.9% on a year-over-year basis. Research analysts forecast that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.44%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.00% of the stock is owned by insiders.

Institutional Trading of Janus Henderson Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its position in Janus Henderson Group by 177.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock valued at $6,865,000 after purchasing an additional 133,356 shares during the period. Foundry Partners LLC purchased a new stake in shares of Janus Henderson Group in the second quarter worth about $566,000. Jane Street Group LLC grew its holdings in Janus Henderson Group by 536.7% during the first quarter. Jane Street Group LLC now owns 151,875 shares of the company’s stock worth $4,995,000 after acquiring an additional 128,021 shares during the period. Dimensional Fund Advisors LP raised its position in Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after acquiring an additional 344,582 shares in the last quarter. Finally, Invst LLC acquired a new position in Janus Henderson Group in the first quarter valued at approximately $723,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.