Janus Henderson Group plc to Issue Quarterly Dividend of $0.39 (NYSE:JHG)

Janus Henderson Group plc (NYSE:JHG) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Wednesday, November 27th will be paid a dividend of 0.39 per share on Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Wednesday, November 27th.

Janus Henderson Group has raised its dividend payment by an average of 2.7% annually over the last three years. Janus Henderson Group has a payout ratio of 44.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Janus Henderson Group to earn $3.62 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 43.1%.

Janus Henderson Group Stock Up 0.3 %

Shares of JHG stock opened at $41.31 on Friday. Janus Henderson Group has a 1-year low of $22.78 and a 1-year high of $42.46. The stock’s fifty day moving average price is $38.31 and its 200 day moving average price is $35.46. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The business had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 EPS. On average, research analysts expect that Janus Henderson Group will post 3.28 earnings per share for the current fiscal year.

Insider Activity

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

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wells Fargo & Company upped their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. Evercore ISI upped their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock an “in-line” rating in a report on Friday, October 4th. UBS Group raised their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. upped their target price 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. Finally, TD Cowen upped their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $38.63.

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.