Janus Henderson Group (JHG) Sets New 52-Week Low at $21.02

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.

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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.

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