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

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

Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. UBS Group lifted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. upped their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Finally, TD Cowen lifted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. One equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Stock Up 2.7 %

Shares of JHG opened at $45.66 on Monday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 12 month low of $25.36 and a 12 month high of $45.67. The firm’s 50 day moving average is $39.48 and its 200-day moving average is $36.27. The stock has a market capitalization of $7.26 billion, a PE ratio of 18.05, a P/E/G ratio of 0.58 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS. Equities research analysts forecast that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be issued 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 is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Insiders Place Their Bets

In other news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. This trade represents a 7.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This trade represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,651 shares of company stock valued at $918,158 in the last 90 days. Corporate insiders own 19.60% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Janus Henderson Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after buying an additional 71,753 shares during the last quarter. Capital Research Global Investors boosted its holdings in Janus Henderson Group by 1.2% in the first quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock valued at $290,456,000 after acquiring an additional 103,341 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock valued at $272,741,000 after purchasing an additional 344,582 shares during the period. Millennium Management LLC raised its holdings in Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after purchasing an additional 1,809,249 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Janus Henderson Group by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock worth $169,262,000 after purchasing an additional 36,711 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.