Janus Henderson Group PLC (NYSE:JHG) shares hit a new 52-week low on Thursday . The company traded as low as $21.02 and last traded at $21.32, with a volume of 54999 shares traded. The stock had previously closed at $22.79.
JHG has been the subject of several recent analyst reports. TheStreet cut shares of Janus Henderson Group from a “c-” rating to a “d+” rating in a research note on Tuesday, October 2nd. Zacks Investment Research cut shares of Janus Henderson Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 13th. Credit Suisse Group reaffirmed an “underperform” rating and issued a $29.00 target price on shares of Janus Henderson Group in a research note on Friday, August 24th. Finally, Morgan Stanley cut shares of Janus Henderson Group from an “overweight” rating to an “equal weight” rating in a research note on Friday, November 23rd. Three analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $33.56.
The company has a market capitalization of $4.31 billion, a P/E ratio of 8.52, a P/E/G ratio of 0.77 and a beta of 1.25. The company has a current ratio of 2.89, a quick ratio of 2.00 and a debt-to-equity ratio of 0.07.
Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, November 1st. The company reported $0.69 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.69. Janus Henderson Group had a net margin of 37.59% and a return on equity of 11.67%. The firm had revenue of $581.20 million during the quarter, compared to analysts’ expectations of $586.45 million. During the same period in the previous year, the company earned $0.56 EPS. Janus Henderson Group’s revenue for the quarter was up 27.8% on a year-over-year basis. As a group, analysts predict that Janus Henderson Group PLC will post 2.82 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Monday, November 12th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, November 8th. This represents a $1.44 annualized dividend and a dividend yield of 6.81%. Janus Henderson Group’s dividend payout ratio is presently 58.06%.
Several hedge funds and other institutional investors have recently made changes to their positions in JHG. Qube Research & Technologies Ltd acquired a new position in Janus Henderson Group in the 2nd quarter valued at approximately $113,000. NumerixS Investment Technologies Inc acquired a new position in Janus Henderson Group in the 2nd quarter valued at $128,000. Itau Unibanco Holding S.A. acquired a new position in Janus Henderson Group in the 2nd quarter valued at $148,000. Gideon Capital Advisors Inc. acquired a new position in Janus Henderson Group in the 2nd quarter valued at $262,000. Finally, Bank of Montreal Can acquired a new position in Janus Henderson Group in the 2nd quarter valued at $297,000. 56.19% of the stock is owned by institutional investors.
TRADEMARK VIOLATION WARNING: “Janus Henderson Group (JHG) Sets New 52-Week Low at $21.02” was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://www.thelincolnianonline.com/2018/12/08/janus-henderson-group-jhg-sets-new-52-week-low-at-21-02.html.
About Janus Henderson Group (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.
Read More: Trading Penny Stocks
Receive News & Ratings for Janus Henderson Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus Henderson Group and related companies with MarketBeat.com's FREE daily email newsletter.