Janus Henderson Group (NYSE:JHG) Price Target Raised to $44.00 at Deutsche Bank Aktiengesellschaft

Janus Henderson Group (NYSE:JHG) had its price target raised by Deutsche Bank Aktiengesellschaft from $42.00 to $44.00 in a report issued on Monday,Benzinga reports. They currently have a hold rating on the stock.

Several other equities research analysts also recently issued reports on JHG. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Evercore ISI upped their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Morgan Stanley lifted their price target on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. TD Cowen upped their price objective 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. Finally, The Goldman Sachs Group lifted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $41.75.

Janus Henderson Group Stock Performance

JHG stock opened at $45.66 on Monday. Janus Henderson Group has a 1-year low of $25.36 and a 1-year high of $45.67. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. The firm has a market cap of $7.26 billion, a PE ratio of 18.05, a P/E/G ratio of 0.58 and a beta of 1.49. The business’s 50-day moving average price is $39.48 and its two-hundred day moving average price is $36.27.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $600.88 million. During the same quarter in the previous year, the business posted $0.64 EPS. Janus Henderson Group’s revenue for the quarter was up 19.9% on a year-over-year basis. As a group, research analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

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 given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Insider Transactions at Janus Henderson Group

In related news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 7.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’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 transaction, the chief financial officer now directly owns 130,171 shares in the company, valued at approximately $4,634,087.60. This trade represents a 6.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock worth $918,158 in the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of Janus Henderson Group by 154.2% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 17,096 shares of the company’s stock worth $651,000 after buying an additional 10,371 shares during the period. Kestra Investment Management LLC bought a new stake in shares of Janus Henderson Group during the third quarter worth approximately $421,000. Point72 Hong Kong Ltd grew its position in shares of Janus Henderson Group by 93.5% in the third quarter. Point72 Hong Kong Ltd now owns 28,062 shares of the company’s stock valued at $1,068,000 after purchasing an additional 13,559 shares during the last quarter. Verition Fund Management LLC increased its stake in shares of Janus Henderson Group by 156.1% during the third quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock worth $933,000 after purchasing an additional 14,935 shares during the period. Finally, Captrust Financial Advisors acquired a new stake in Janus Henderson Group during the 3rd quarter worth approximately $308,000. 87.94% of the stock is owned by institutional investors.

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.