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

Janus Henderson Group plc (NYSE:JHG) announced a quarterly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.39 per share on Wednesday, May 29th. This represents a $1.56 annualized dividend and a dividend yield of 4.74%. The ex-dividend date is Friday, May 10th.

Janus Henderson Group has raised its dividend by an average of 2.7% annually over the last three years. Janus Henderson Group has a payout ratio of 52.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Janus Henderson Group to earn $2.98 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 52.3%.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $32.92 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. The business’s fifty day moving average price is $31.91 and its two-hundred day moving average price is $29.38. The stock has a market cap of $5.28 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 1.54 and a beta of 1.53. Janus Henderson Group has a one year low of $22.17 and a one year high of $33.47.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. 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 during the quarter, compared to analysts’ expectations of $547.20 million. During the same quarter last year, the business posted $0.55 EPS. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. On average, analysts forecast that Janus Henderson Group will post 2.85 EPS for the current fiscal year.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the completion of the sale, the insider now owns 101,623 shares of the company’s stock, valued at $3,143,199.39. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Janus Henderson Group news, COO James R. Lowry sold 9,754 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $301,691.22. Following the completion of the transaction, the chief operating officer now directly owns 35,265 shares of the company’s stock, valued at approximately $1,090,746.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Georgina Fogo sold 22,076 shares of Janus Henderson Group stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the sale, the insider now directly owns 101,623 shares in the company, valued at $3,143,199.39. The disclosure for this sale can be found here. Insiders have sold 73,451 shares of company stock valued at $2,275,283 over the last three months. 20.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have commented on JHG shares. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. UBS Group upped their target price 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. JPMorgan Chase & Co. upped 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 note on Friday, May 3rd. Morgan Stanley raised 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. Finally, The Goldman Sachs Group upped their price target 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. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Hold” and an average price target of $29.59.

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.