Janus Henderson Group (NYSE:JHG) Announces Earnings Results

Janus Henderson Group (NYSE:JHGGet Free Report) posted its quarterly earnings results on Thursday. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08, Briefing.com reports. The business had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $32.55 on Friday. The firm has a 50 day moving average of $31.79 and a two-hundred day moving average of $29.18. The stock has a market capitalization of $5.25 billion, a PE ratio of 12.28, a P/E/G ratio of 1.54 and a beta of 1.53. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $33.25.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a yield of 4.79%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the sale, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 70,133 shares of company stock valued at $2,172,459. 19.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on JHG shares. Morgan Stanley lifted their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Finally, StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $28.93.

Get Our Latest Stock Report on JHG

Janus Henderson Group Company Profile

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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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Earnings History for Janus Henderson Group (NYSE:JHG)

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