Janus Henderson Group (NYSE:JHG) Issues Quarterly Earnings Results

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

Janus Henderson Group Stock Up 0.8 %

JHG stock opened at $41.65 on Friday. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $38.39 and a 200 day moving average of $35.56. Janus Henderson Group has a twelve month low of $23.98 and a twelve month high of $42.46. The firm has a market cap of $6.63 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 0.79 and a beta of 1.49.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be given a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. 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 currently 61.66%.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of the company’s 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 transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CFO Roger Mj Thompson sold 9,000 shares of the firm’s 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 owns 130,171 shares of the company’s stock, valued at $4,634,087.60. 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, CAO Michelle Rosenberg sold 7,651 shares of the company’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 transaction, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 25,651 shares of company stock valued at $918,158. Insiders own 19.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JHG. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $40.00 to $42.00 and gave the company a “hold” rating in a research report on Friday. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. The Goldman Sachs Group upped their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. Finally, Evercore ISI raised their target price 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.75.

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.