Janus Henderson Group (NYSE:JHG) Price Target Raised to $36.00 at JPMorgan Chase & Co.

Janus Henderson Group (NYSE:JHG) had its price target raised by JPMorgan Chase & Co. from $35.00 to $36.00 in a research note released on Friday, Benzinga reports. They currently have a neutral rating on the stock.

A number of other analysts also recently commented on the company. Morgan Stanley upped their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an equal weight rating in a report on Wednesday, April 17th. StockNews.com raised shares of Janus Henderson Group from a hold rating to a buy rating in a research report on Thursday, February 29th. TD Cowen assumed coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a market perform rating and a $30.00 price target on the stock. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a sell rating in a research report on Tuesday, April 2nd. Finally, UBS Group increased their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a sell rating in a report on Friday, April 12th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of Hold and a consensus price target of $28.93.

Janus Henderson Group Trading Up 1.8 %

Shares of NYSE:JHG traded up $0.59 during midday trading on Friday, reaching $32.55. The company’s stock had a trading volume of 1,092,796 shares, compared to its average volume of 951,980. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 12.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.53. The business has a 50 day moving average price of $31.77 and a 200 day moving average price of $29.08. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $33.25. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. The company had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. During the same quarter in the prior year, the company posted $0.55 EPS. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. Research analysts forecast that Janus Henderson Group will post 2.85 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.79%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s payout ratio is currently 58.87%.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,133 shares of company stock valued at $2,172,459. Company insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Greenwood Capital Associates LLC boosted its position in shares of Janus Henderson Group by 0.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after buying an additional 350 shares during the period. EverSource Wealth Advisors LLC increased its stake in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the period. Retirement Systems of Alabama lifted its position in Janus Henderson Group by 0.3% in the 1st quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after buying an additional 439 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Janus Henderson Group by 10.2% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 5,316 shares of the company’s stock valued at $175,000 after buying an additional 490 shares during the period. Finally, Hexagon Capital Partners LLC boosted its stake in shares of Janus Henderson Group by 72.6% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after buying an additional 509 shares during the period. 87.94% of the stock is 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.