Janus Henderson Group (NYSE:JHG) Releases Earnings Results, Beats Expectations By $0.08 EPS

Janus Henderson Group (NYSE:JHG) posted its quarterly earnings results on Thursday. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08, Briefing.com reports. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm had revenue of $551.70 million for the quarter, compared to the consensus estimate of $547.20 million. During the same period in the previous year, the business earned $0.55 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded up $0.59 during trading on Friday, reaching $32.55. The company had a trading volume of 1,092,796 shares, compared to its average volume of 951,980. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $33.25. The stock has a market capitalization of $5.25 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.53. The stock has a 50-day moving average price of $31.77 and a two-hundred day moving average price of $29.08. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.79%. Janus Henderson Group’s dividend payout ratio (DPR) is 58.87%.

Analyst Ratings Changes

A number of research firms recently weighed in on JHG. UBS Group lifted their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Morgan Stanley lifted their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $28.93.

Insider Transactions at Janus Henderson Group

In related news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the sale, the chief financial officer now owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Brennan A. Hughes sold 1,812 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The disclosure for this sale can be found here. Insiders sold a total of 70,133 shares of company stock valued at $2,172,459 over the last three months. 19.60% of the stock is currently owned by 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.