Janus Henderson Group PLC (NYSE:JHG) shares saw unusually-strong trading volume on Friday . Approximately 6,283,688 shares changed hands during trading, an increase of 507% from the previous session’s volume of 1,034,982 shares.The stock last traded at $24.80 and had previously closed at $24.43.
JHG has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Janus Henderson Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 2nd. Morgan Stanley downgraded Janus Henderson Group from an “overweight” rating to an “equal weight” rating in a research report on Friday, November 23rd. JPMorgan Chase & Co. upgraded Janus Henderson Group from a “neutral” rating to an “overweight” rating and set a $24.41 price target on the stock in a research report on Tuesday, March 12th. Finally, ValuEngine downgraded Janus Henderson Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 2nd. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $30.79.
The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 9.05, a P/E/G ratio of 1.28 and a beta of 1.18. The company has a quick ratio of 1.21, a current ratio of 2.77 and a debt-to-equity ratio of 0.07.
Janus Henderson Group (NYSE:JHG) last released its earnings results on Tuesday, February 5th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.04). Janus Henderson Group had a net margin of 22.53% and a return on equity of 11.05%. The firm had revenue of $545.10 million during the quarter, compared to analysts’ expectations of $560.57 million. During the same quarter last year, the business earned $0.73 EPS. The business’s revenue was down 12.3% compared to the same quarter last year. Analysts forecast that Janus Henderson Group PLC will post 2.59 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 26th. Investors of record on Friday, February 15th were issued a $0.36 dividend. The ex-dividend date was Thursday, February 14th. This represents a $1.44 annualized dividend and a dividend yield of 5.81%. Janus Henderson Group’s dividend payout ratio is presently 52.55%.
Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in shares of Janus Henderson Group by 14.4% in the third quarter. JPMorgan Chase & Co. now owns 249,370 shares of the company’s stock valued at $6,723,000 after buying an additional 31,450 shares in the last quarter. Prudential Financial Inc. boosted its holdings in Janus Henderson Group by 15.4% in the third quarter. Prudential Financial Inc. now owns 982,587 shares of the company’s stock valued at $26,491,000 after purchasing an additional 130,765 shares during the period. Commonwealth Bank of Australia purchased a new position in Janus Henderson Group in the third quarter valued at $323,000. Zeke Capital Advisors LLC purchased a new position in Janus Henderson Group in the third quarter valued at $350,000. Finally, DekaBank Deutsche Girozentrale purchased a new position in Janus Henderson Group in the third quarter valued at $738,000. 58.68% of the stock is owned by institutional investors.
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Janus Henderson Group Company Profile (NYSE:JHG)
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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