Janus Henderson Group (NYSE:JHG) Issues Earnings Results

Janus Henderson Group (NYSE:JHG) announced its earnings results on Thursday. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11, Briefing.com reports. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded up $0.34 during mid-day trading on Friday, hitting $41.65. 1,087,749 shares of the company’s stock traded hands, compared to its average volume of 892,978. The company’s 50-day moving average is $38.39 and its two-hundred day moving average is $35.53. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.05 and a quick ratio of 2.67. The company has a market capitalization of $6.63 billion, a P/E ratio of 16.46, a PEG ratio of 0.79 and a beta of 1.49. Janus Henderson Group has a 1 year low of $23.98 and a 1 year high of $42.46.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Wall Street Analyst Weigh In

JHG has been the subject of several analyst reports. Evercore ISI upped their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock an “in-line” rating in a research note on Friday, October 4th. Morgan Stanley upped their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. TD Cowen upped their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average price target of $40.75.

Insider Activity

In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,651 shares of company stock worth $918,158. 19.60% of the stock is currently owned by corporate insiders.

Janus Henderson Group Company Profile

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.