Janus Henderson Group (NYSE:JHG) Sets New 52-Week High – Here’s What Happened

Janus Henderson Group plc (NYSE:JHG) shares hit a new 52-week high on Wednesday . The stock traded as high as $45.87 and last traded at $45.79, with a volume of 964039 shares. The stock had previously closed at $44.02.

Wall Street Analyst Weigh In

JHG has been the subject of several recent research reports. Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. UBS Group lifted their price target on Janus Henderson Group from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Monday. TD Cowen increased their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the company from $42.00 to $45.00 in a report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $46.75.

Janus Henderson Group Trading Down 1.1 %

The stock has a market cap of $7.21 billion, a PE ratio of 17.70, a PEG ratio of 0.62 and a beta of 1.50. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm has a fifty day simple moving average of $43.32 and a two-hundred day simple moving average of $40.45.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share 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 period in the prior year, the company earned $0.82 EPS. As a group, equities analysts expect that Janus Henderson Group plc will post 3.74 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be given a $0.39 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 3.44%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Merit Financial Group LLC purchased a new position in Janus Henderson Group during the 4th quarter valued at about $413,000. KBC Group NV raised its holdings in shares of Janus Henderson Group by 63.6% during the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock valued at $193,000 after acquiring an additional 1,768 shares in the last quarter. Mutual of America Capital Management LLC lifted its stake in Janus Henderson Group by 210.6% in the third quarter. Mutual of America Capital Management LLC now owns 228,276 shares of the company’s stock worth $8,690,000 after acquiring an additional 154,778 shares during the period. Nordea Investment Management AB boosted its holdings in Janus Henderson Group by 6.9% in the fourth quarter. Nordea Investment Management AB now owns 233,601 shares of the company’s stock valued at $9,979,000 after acquiring an additional 14,996 shares in the last quarter. Finally, Verition Fund Management LLC boosted its holdings in Janus Henderson Group by 156.1% in the third quarter. Verition Fund Management LLC now owns 24,505 shares of the company’s stock valued at $933,000 after acquiring an additional 14,935 shares in the last quarter. Institutional investors 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.