Janus Henderson Group (NYSE:JHG) Upgraded by UBS Group to “Buy” Rating

UBS Group upgraded shares of Janus Henderson Group (NYSE:JHG) from a neutral rating to a buy rating in a report issued on Monday morning, Marketbeat reports. The firm currently has $50.00 price objective on the stock, up from their previous price objective of $45.00.

A number of other analysts also recently issued reports on JHG. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley raised their price objective 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. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $47.38.

Janus Henderson Group Stock Up 1.0 %

Shares of NYSE JHG opened at $42.27 on Monday. The stock has a market capitalization of $6.72 billion, a P/E ratio of 16.51, a P/E/G ratio of 0.66 and a beta of 1.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group has a 1 year low of $30.35 and a 1 year high of $46.68. The company has a 50-day moving average price of $43.13 and a 200-day moving average price of $41.18.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the business posted $0.82 EPS. On average, equities research analysts forecast that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Quarry LP increased its stake in shares of Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after buying an additional 509 shares during the period. UMB Bank n.a. lifted its position in Janus Henderson Group by 56.5% during the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Richardson Financial Services Inc. lifted its position in Janus Henderson Group by 89.4% during the 4th quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock valued at $33,000 after acquiring an additional 363 shares during the period. True Wealth Design LLC lifted its holdings in shares of Janus Henderson Group by 66.9% during the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.