Janus Henderson Group (NYSE:JHG) Issues Quarterly Earnings Results, Beats Expectations By $0.11 EPS

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

Janus Henderson Group Stock Up 0.8 %

Shares of JHG stock opened at $41.65 on Friday. The stock’s fifty day moving average price is $38.39 and its 200 day moving average price is $35.56. Janus Henderson Group has a 1-year low of $23.98 and a 1-year high of $42.46. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 0.79 and a beta of 1.49. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.05 and a quick ratio of 2.67.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Wednesday, November 27th. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Insider Transactions at Janus Henderson Group

In other news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction on Monday, August 19th. The shares were 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 approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, 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 document filed with the SEC, which is available at this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group 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 of the company’s stock, valued at $4,634,087.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,651 shares of company stock worth $918,158. Insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on JHG. The Goldman Sachs Group upped their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. Evercore ISI raised their price objective 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. UBS Group lifted their price objective on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Wells Fargo & Company raised their target price on shares of 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. Finally, Morgan Stanley upped their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. One equities 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 company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.75.

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.