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

Janus Henderson Group (NYSE:JHG) issued its quarterly earnings results on Thursday. The company reported $0.71 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $547.20 million. During the same period last year, the company earned $0.55 EPS. Janus Henderson Group’s quarterly revenue was up 11.3% compared to the same quarter last year.

Janus Henderson Group Stock Up 1.8 %

NYSE JHG traded up $0.59 during midday trading on Friday, hitting $32.55. 1,092,796 shares of the company traded hands, compared to its average volume of 951,980. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76. The company has a market cap 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 company’s 50-day simple moving average is $31.77 and its 200-day simple moving average is $29.08. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $33.25.

Janus Henderson Group Dividend Announcement

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

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 22,076 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the sale, the insider now owns 101,623 shares of the company’s stock, valued at approximately $3,143,199.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction on 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 approximately $3,143,199.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO James R. Lowry sold 9,754 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $301,691.22. Following the completion of the sale, the chief operating officer now directly owns 35,265 shares of the company’s stock, valued at approximately $1,090,746.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,133 shares of company stock valued at $2,172,459. 19.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. The Goldman Sachs Group lifted their target price on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday. 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 note on Wednesday, April 17th. JPMorgan Chase & Co. lifted their price target 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. Finally, UBS Group increased their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $28.93.

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.