Janus Henderson Group (NYSE:JHG) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Janus Henderson Group (NYSE:JHG) from a sell rating to a neutral rating in a report published on Monday morning, Marketbeat.com reports. They currently have $45.00 price objective on the stock, up from their previous price objective of $42.00.

Several other brokerages have also recently commented on JHG. Evercore ISI increased their price target on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company upped their price target on Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $45.00.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $42.41 on Monday. The business has a 50 day moving average price of $43.75 and a two-hundred day moving average price of $39.24. Janus Henderson Group has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The firm has a market cap of $6.74 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09.

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

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.68%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of 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 buying an additional 344,582 shares during the last quarter. WINTON GROUP Ltd increased its position in Janus Henderson Group by 97.7% in the 2nd quarter. WINTON GROUP Ltd now owns 28,049 shares of the company’s stock valued at $946,000 after acquiring an additional 13,861 shares during the period. Mutual of America Capital Management LLC raised its stake in Janus Henderson Group by 210.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock valued at $8,690,000 after acquiring an additional 154,778 shares in the last quarter. Verition Fund Management LLC boosted its position in Janus Henderson Group by 156.1% during the 3rd quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock worth $933,000 after acquiring an additional 14,935 shares during the period. Finally, AdvisorShares Investments LLC bought a new position in shares of Janus Henderson Group in the second quarter worth $485,000. 87.94% of the stock is 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.