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

Janus Henderson Group (NYSE:JHG) announced its quarterly earnings data 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 net margin of 19.89% and a return on equity of 10.02%. The business had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. During the same quarter in the prior year, the firm earned $0.55 EPS. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year.

Janus Henderson Group Trading Up 1.8 %

Shares of NYSE:JHG traded up $0.59 during mid-day trading on Friday, hitting $32.55. The stock had a trading volume of 1,092,796 shares, compared to its average volume of 951,980. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. The company has a market cap of $5.25 billion, a PE ratio of 12.28, a P/E/G ratio of 1.51 and a beta of 1.53. Janus Henderson Group has a 12-month low of $22.17 and a 12-month high of $33.25. The company’s 50 day moving average is $31.77 and its 200-day moving average is $29.08.

Janus Henderson Group Dividend Announcement

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

Analysts Set New Price Targets

JHG has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday. The Goldman Sachs Group upped their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. UBS Group upped their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research report on Friday, April 12th. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Morgan Stanley upped their target price on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $28.93.

Insider Activity at Janus Henderson Group

In related news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the transaction, the chief accounting officer now owns 3,535 shares in the company, valued at approximately $114,074.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $682,810.68. Following the completion of the transaction, the insider now owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. In the last 90 days, insiders sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is owned by corporate 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.