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 EPS for the quarter, topping the consensus estimate 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 company had revenue of $551.70 million during the quarter, compared to analysts’ expectations of $547.20 million. During the same quarter in the previous year, the company earned $0.55 EPS. Janus Henderson Group’s revenue was up 11.3% on a year-over-year basis.

Janus Henderson Group Stock Up 1.8 %

JHG traded up $0.59 during trading hours on Friday, hitting $32.55. 1,092,796 shares of the company’s stock were exchanged, compared to its average volume of 951,980. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $33.25. The stock’s 50-day moving average is $31.77 and its two-hundred day moving average is $29.08. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 1.51 and a beta of 1.53. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07.

Janus Henderson Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

JHG has been the topic of several recent analyst reports. Morgan Stanley lifted their price objective 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. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday. The Goldman Sachs Group lifted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, UBS Group lifted their price objective on shares of 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 equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $28.93.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO James R. Lowry sold 9,754 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $301,691.22. Following the sale, the chief operating officer now directly owns 35,265 shares in the company, valued at $1,090,746.45. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is owned by insiders.

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.