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

Janus Henderson Group plc (NYSE:JHG) announced a quarterly dividend on Friday, January 31st,RTT News reports. Investors of record on Tuesday, February 11th will be paid a dividend of 0.39 per share on Thursday, February 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.47%.

Janus Henderson Group has increased its dividend payment by an average of 1.3% per year over the last three years. Janus Henderson Group has a payout ratio of 40.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Janus Henderson Group to earn $3.74 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 41.7%.

Janus Henderson Group Stock Up 2.9 %

Shares of NYSE JHG opened at $44.91 on Friday. Janus Henderson Group has a 52-week low of $28.52 and a 52-week high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The stock has a market cap of $7.14 billion, a P/E ratio of 17.75, a P/E/G ratio of 0.60 and a beta of 1.50. The firm has a 50 day moving average price of $43.34 and a 200 day moving average price of $40.19.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. During the same period last year, the business posted $0.82 earnings per share. Analysts expect that Janus Henderson Group will post 3.42 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on JHG. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Wells Fargo & Company reduced their price target on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. TD Cowen raised their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. cut their price objective on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.75.

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.