Janus Henderson Group (NYSE:JHG) Upgraded at UBS Group

UBS Group upgraded shares of Janus Henderson Group (NYSE:JHG) from a neutral rating to a buy rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm currently has $50.00 price target on the stock, up from their previous price target of $45.00.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Morgan Stanley raised 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. 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 note on Thursday, November 7th. TD Cowen raised their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective 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. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $47.38.

Janus Henderson Group Stock Performance

Shares of JHG opened at $41.98 on Monday. The company has a market capitalization of $6.67 billion, a PE ratio of 16.40, a PEG ratio of 0.66 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08. The company’s 50 day moving average price is $43.10 and its 200 day moving average price is $41.24. Janus Henderson Group has a 52 week low of $30.35 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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 quarter last year, the company posted $0.82 earnings per share. Research analysts expect that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is currently 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Several large investors have recently made changes to their positions in JHG. Quarry LP increased its position in 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 period. UMB Bank n.a. grew its stake in shares of 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 during the last quarter. Richardson Financial Services Inc. increased its position in Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the period. True Wealth Design LLC raised its stake in Janus Henderson Group by 66.9% during 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, Huntington National Bank boosted its holdings in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.