By otakuyassine3@gmail.com 
Janus Henderson Group plc (NYSE:JHG – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $45.87 and last traded at $45.79, with a volume of 964039 shares traded. The stock had previously closed at $44.02.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and upped their price target for the company from $44.00 to $53.00 in a research report on Wednesday. Evercore ISI raised their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. TD Cowen upped their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Morgan Stanley raised their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $46.75.
Read Our Latest Stock Analysis on JHG
Janus Henderson Group Stock Down 1.1 %
The company has a market cap of $7.21 billion, a P/E ratio of 17.70, a price-to-earnings-growth ratio of 0.62 and a beta of 1.50. The firm’s 50 day moving average price is $43.32 and its two-hundred day moving average price is $40.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.
Janus Henderson Group (NYSE:JHG – Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share 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 quarter last year, the company earned $0.82 EPS. Equities research analysts anticipate that Janus Henderson Group plc will post 3.74 EPS for the current fiscal year.
Janus Henderson Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.44%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 60.94%.
Hedge Funds Weigh In On Janus Henderson Group
Large investors have recently added to or reduced their stakes in the business. Quarry LP boosted its stake in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after buying an additional 509 shares during the last quarter. UMB Bank n.a. grew its stake in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. Richardson Financial Services Inc. increased its position in shares of 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 purchasing an additional 363 shares during the last quarter. Huntington National Bank raised its stake in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after purchasing an additional 240 shares during the period. Finally, Addison Advisors LLC boosted its holdings in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after buying an additional 642 shares during 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.
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