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

Janus Henderson Group (NYSE:JHG) released its quarterly earnings data on Thursday. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11, Briefing.com reports. The business had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company’s revenue was up 19.9% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS.

Janus Henderson Group Stock Up 0.8 %

Shares of NYSE:JHG traded up $0.33 during midday trading on Friday, hitting $41.64. 1,087,749 shares of the stock were exchanged, compared to its average volume of 1,026,057. The business’s fifty day simple moving average is $38.31 and its two-hundred day simple moving average is $35.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group has a 52-week low of $23.98 and a 52-week high of $42.46. The company has a market capitalization of $6.63 billion, a PE ratio of 16.41, a P/E/G ratio of 0.79 and a beta of 1.50.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 11th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Friday, November 8th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares in the company, valued at $4,923,869.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at approximately $4,923,869.98. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 in the last three months. Insiders own 19.60% of the company’s stock.

Wall Street Analyst Weigh In

JHG has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price target on Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 9th. TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday. Evercore ISI upped their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a research report on Friday, October 4th. UBS Group boosted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $40.75.

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.