Janus Henderson Group (NYSE:JHG) Price Target Lowered to $41.00 at The Goldman Sachs Group

Janus Henderson Group (NYSE:JHG) had its target price lowered by The Goldman Sachs Group from $47.00 to $41.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other research firms also recently weighed in on JHG. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $45.00 to $50.00 in a report on Monday, February 24th. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $57.00 to $43.00 in a research note on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $44.00 to $53.00 in a research note on Wednesday, February 5th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $46.44.

Janus Henderson Group Stock Down 7.9 %

Shares of JHG opened at $30.18 on Thursday. 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 50-day simple moving average of $40.32 and a 200-day simple moving average of $41.44. Janus Henderson Group has a 52 week low of $29.63 and a 52 week high of $46.68. The firm has a market capitalization of $4.75 billion, a P/E ratio of 11.79, a P/E/G ratio of 0.66 and a beta of 1.43.

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

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.17%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s dividend payout ratio is 60.94%.

Institutional Investors Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently made changes to their positions in JHG. KBC Group NV increased its position in Janus Henderson Group by 63.6% in the fourth quarter. KBC Group NV now owns 4,546 shares of the company’s stock worth $193,000 after purchasing an additional 1,768 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Janus Henderson Group by 17.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,218 shares of the company’s stock valued at $3,977,000 after purchasing an additional 13,942 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of Janus Henderson Group during the 4th quarter worth approximately $413,000. Delphi Management Inc. MA bought a new stake in shares of Janus Henderson Group during the fourth quarter worth approximately $1,419,000. Finally, Nordea Investment Management AB lifted 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 buying an additional 14,996 shares during the period. 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.