Janus Henderson Group (NYSE:JHG) Price Target Lowered to $33.00 at Evercore ISI

Janus Henderson Group (NYSE:JHG) had its price target decreased by Evercore ISI from $44.00 to $33.00 in a research note released on Friday,Benzinga reports. Evercore ISI currently has an in-line rating on the stock.

A number of other research analysts also recently issued reports on the company. Wells Fargo & Company reduced their price objective on Janus Henderson Group from $46.00 to $36.00 and set an “equal weight” rating for the company in a research note on Tuesday. Morgan Stanley increased their price target 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. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $57.00 to $43.00 in a research report on Thursday, April 3rd. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group lowered their price target on shares of Janus Henderson Group from $47.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $44.22.

Janus Henderson Group Trading Up 0.4 %

Shares of JHG stock opened at $30.58 on Friday. 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 has a market capitalization of $4.82 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 0.66 and a beta of 1.43. Janus Henderson Group has a 52-week low of $28.26 and a 52-week high of $46.68. The company has a 50-day simple moving average of $38.50 and a two-hundred day simple moving average of $41.06.

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, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same period in the prior year, the firm posted $0.82 EPS. Research analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.10%. Janus Henderson Group’s dividend payout ratio is 60.94%.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP boosted its holdings in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after acquiring an additional 509 shares during the period. UMB Bank n.a. lifted its holdings in Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after purchasing an additional 284 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in Janus Henderson Group by 89.4% in the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after purchasing an additional 363 shares during the period. True Wealth Design LLC grew its holdings 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 buying an additional 409 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in Janus Henderson Group by 33.9% during the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after buying an additional 288 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

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.