Janus Henderson Group (NYSE:JHG) Reaches New 12-Month High – What’s Next?

Janus Henderson Group plc (NYSE:JHG) shares hit a new 52-week high during trading on Wednesday . The company 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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on JHG shares. Evercore ISI upped their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Wells Fargo & Company upped their price target on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $44.00 to $53.00 in a research note on Wednesday. UBS Group upped their target price on shares of Janus Henderson Group from $42.00 to $45.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Morgan Stanley boosted 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. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $46.75.

Janus Henderson Group Stock Performance

The firm has a fifty day moving average of $43.30 and a 200-day moving average of $40.38. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.30 billion, a P/E ratio of 17.94, a PEG ratio of 0.62 and a beta of 1.50.

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 the consensus estimate 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 last year, the firm posted $0.82 EPS. Research analysts predict that Janus Henderson Group plc will post 3.74 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s payout ratio is 60.94%.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently modified their holdings of the business. Creative Planning lifted its stake in Janus Henderson Group by 14.6% in the second quarter. Creative Planning now owns 28,524 shares of the company’s stock valued at $962,000 after buying an additional 3,628 shares in the last quarter. SG Americas Securities LLC lifted its position in Janus Henderson Group by 105.2% in the 3rd quarter. SG Americas Securities LLC now owns 42,221 shares of the company’s stock valued at $1,607,000 after acquiring an additional 21,642 shares in the last quarter. Park Avenue Securities LLC boosted its stake in Janus Henderson Group by 87.9% in the 3rd quarter. Park Avenue Securities LLC now owns 27,601 shares of the company’s stock worth $1,051,000 after purchasing an additional 12,910 shares during the period. GAMMA Investing LLC increased its holdings in Janus Henderson Group by 15.7% during the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after purchasing an additional 382 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Janus Henderson Group by 158.3% in the 3rd quarter. CWM LLC now owns 4,484 shares of the company’s stock valued at $171,000 after purchasing an additional 2,748 shares during the period. 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.