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

Janus Henderson Group (NYSE:JHG) issued its earnings results on Thursday. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11, Briefing.com reports. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. During the same quarter in the prior year, the business earned $0.62 earnings per share. The company’s revenue was up 13.9% compared to the same quarter last year.

Janus Henderson Group Stock Down 4.5 %

Janus Henderson Group stock traded down $1.71 during midday trading on Friday, reaching $35.89. The company’s stock had a trading volume of 2,136,662 shares, compared to its average volume of 1,054,302. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $39.11. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. The company has a market cap of $5.76 billion, a P/E ratio of 13.54, a P/E/G ratio of 0.86 and a beta of 1.51. The business has a 50-day simple moving average of $34.43 and a 200-day simple moving average of $32.57.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Monday, August 12th. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday. Morgan Stanley increased their target price on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. UBS Group increased their price target on Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Finally, TD Cowen increased their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $30.92.

Insider Buying and Selling at Janus Henderson Group

In other news, major shareholder Henderson Group Plc Janus bought 28,326 shares of the business’s stock in a transaction dated Friday, July 5th. The shares were acquired at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the completion of the transaction, the insider now owns 1,676,903 shares of the company’s stock, valued at $5,751,777.29. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have acquired a total of 487,179 shares of company stock worth $1,650,371 over the last ninety days. Corporate insiders own 19.60% of the company’s stock.

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.