Janus Henderson Group (NYSE:JHG) Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of Janus Henderson Group (NYSE:JHG) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Several other equities analysts have also commented on the company. Morgan Stanley raised their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an equal weight rating in a research note on Wednesday, April 17th. TD Cowen began coverage on Janus Henderson Group in a research note on Thursday, January 4th. They set a market perform rating and a $30.00 price target on the stock. UBS Group raised their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a sell rating in a research note on Friday, April 12th. JPMorgan Chase & Co. raised their price target on Janus Henderson Group from $35.00 to $36.00 and gave the company a neutral rating in a research note on Friday. Finally, The Goldman Sachs Group raised their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a sell rating in a research note on Tuesday, April 2nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Janus Henderson Group has an average rating of Hold and a consensus price target of $28.93.

Janus Henderson Group Trading Up 1.8 %

JHG stock 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 company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. The stock has a fifty day simple moving average of $31.77 and a two-hundred day simple moving average of $29.08. Janus Henderson Group has a 1 year low of $22.17 and a 1 year high of $33.25. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 1.51 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The business had revenue of $551.70 million for the quarter, compared to analyst estimates of $547.20 million. During the same quarter last year, the firm posted $0.55 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year. On average, equities research analysts predict that Janus Henderson Group will post 2.85 EPS for the current year.

Janus Henderson Group Announces Dividend

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

Insider Transactions at Janus Henderson Group

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Silchester International Investors LLP raised its stake in Janus Henderson Group by 6.5% in the 4th quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock valued at $448,893,000 after purchasing an additional 914,200 shares during the last quarter. Vanguard Group Inc. raised its stake in Janus Henderson Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 13,580,920 shares of the company’s stock valued at $409,465,000 after purchasing an additional 40,427 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Janus Henderson Group by 6.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,444,113 shares of the company’s stock valued at $224,442,000 after purchasing an additional 419,392 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Janus Henderson Group by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,446,283 shares of the company’s stock valued at $103,905,000 after purchasing an additional 17,869 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in Janus Henderson Group by 1.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,791,631 shares of the company’s stock valued at $54,018,000 after purchasing an additional 17,688 shares during the last quarter. 87.94% of the stock is 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.