Janus Henderson Group (NYSE:JHG) Announces 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 the consensus estimate of $0.80 by $0.11, Briefing.com reports. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same quarter in the prior year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up 19.9% on a year-over-year basis.

Janus Henderson Group Stock Up 0.8 %

JHG stock traded up $0.33 during trading on Friday, hitting $41.64. 1,087,749 shares of the company’s stock traded hands, compared to its average volume of 1,026,057. The business has a fifty day simple moving average of $38.31 and a two-hundred day simple moving average of $35.46. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $6.63 billion, a P/E ratio of 16.41, a PEG ratio of 0.79 and a beta of 1.50. 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 11th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.75%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Analysts Set New Price Targets

Several brokerages have issued reports on JHG. UBS Group raised their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Morgan Stanley raised their price target 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. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday. JPMorgan Chase & Co. upped their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $40.75.

Insider Activity

In related news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction 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 completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s 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 directly owns 89,048 shares in the company, valued at $3,251,142.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on 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 owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This represents a 0.00 % decrease in their position. 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 company insiders.

About Janus Henderson Group

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.