Janus Henderson Group (NYSE:JHG) Stock Price Down 1.2%

Janus Henderson Group PLC (NYSE:JHG) shares traded down 1.2% during trading on Monday . The company traded as low as $18.71 and last traded at $18.62, 15,408 shares changed hands during trading. A decline of 99% from the average session volume of 1,402,888 shares. The stock had previously closed at $18.84.

A number of research analysts have recently commented on the stock. TheStreet upgraded shares of Janus Henderson Group from a “d+” rating to a “c-” rating in a research report on Thursday, April 18th. Citigroup dropped their price objective on shares of Janus Henderson Group from $25.50 to $23.55 and set a “neutral” rating for the company in a report on Tuesday, July 9th. Zacks Investment Research downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Gabelli reaffirmed a “hold” rating on shares of Janus Henderson Group in a report on Thursday, August 1st. Finally, Macquarie downgraded shares of Janus Henderson Group from an “outperform” rating to a “neutral” rating in a report on Thursday, May 2nd. Four investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $26.85.

The company has a quick ratio of 2.05, a current ratio of 2.93 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.83 billion, a P/E ratio of 6.77, a P/E/G ratio of 1.48 and a beta of 1.22. The company has a fifty day simple moving average of $21.49.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Janus Henderson Group had a return on equity of 9.97% and a net margin of 19.32%. The company had revenue of $525.90 million for the quarter, compared to the consensus estimate of $539.37 million. During the same period in the prior year, the firm posted $0.74 earnings per share. The business’s revenue was down 11.2% on a year-over-year basis. On average, research analysts forecast that Janus Henderson Group PLC will post 2.44 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 7.76%. The ex-dividend date is Friday, August 9th. Janus Henderson Group’s dividend payout ratio is presently 52.55%.

A number of institutional investors have recently bought and sold shares of the business. GAM Holding AG lifted its stake in Janus Henderson Group by 282.0% in the second quarter. GAM Holding AG now owns 48,090 shares of the company’s stock worth $1,029,000 after purchasing an additional 35,502 shares during the last quarter. Aviance Capital Partners LLC lifted its stake in Janus Henderson Group by 31.2% in the second quarter. Aviance Capital Partners LLC now owns 46,547 shares of the company’s stock worth $996,000 after purchasing an additional 11,073 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Janus Henderson Group by 43.4% in the second quarter. Renaissance Technologies LLC now owns 2,176,700 shares of the company’s stock worth $46,581,000 after purchasing an additional 658,400 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Janus Henderson Group by 4.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,340,481 shares of the company’s stock worth $28,687,000 after purchasing an additional 55,345 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Janus Henderson Group by 15.6% in the second quarter. Bank of Montreal Can now owns 8,738 shares of the company’s stock worth $188,000 after purchasing an additional 1,182 shares during the last quarter. 62.75% of the stock is owned by institutional investors and hedge funds.

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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