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

Janus Henderson Group plc (NYSE:JHG - Get Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Shareholders of record on Monday, November 11th will be paid a dividend of 0.39 per share on Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.75%. The ex-dividend date is Friday, November 8th.

Janus Henderson Group has increased its dividend payment by an average of 2.7% per year over the last three years. Janus Henderson Group has a payout ratio of 44.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Janus Henderson Group to earn $3.62 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 43.1%.

Janus Henderson Group Price Performance

Shares of NYSE:JHG traded up $0.33 during midday trading on Friday, hitting $41.64. The company's stock had a trading volume of 1,087,749 shares, compared to its average volume of 1,026,057. The company has a market cap of $6.63 billion, a P/E ratio of 16.41, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50. Janus Henderson Group has a 12-month low of $23.98 and a 12-month high of $42.46. The business's 50 day simple moving average is $38.31 and its 200 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 (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The business had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. During the same period in the previous year, the firm posted $0.64 EPS. The business's revenue for the quarter was up 19.9% compared to the same quarter last year. On average, analysts forecast that Janus Henderson Group will post 3.28 EPS for the current year.

Insider Buying and Selling

In other Janus Henderson Group 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 of the company's stock, 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 is available at this link. In other news, CAO Michelle Rosenberg sold 7,651 shares of the company's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the transaction, the chief financial officer now owns 139,171 shares in the company, valued at approximately $4,923,869.98. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,651 shares of company stock worth $918,158. Corporate insiders own 19.60% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on JHG. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $40.00 to $42.00 and gave the company a "hold" rating in a report on Friday. The Goldman Sachs Group upped their price target on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a research note on Thursday, October 3rd. UBS Group increased their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 22nd. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a research report on Friday. Finally, Evercore ISI increased their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock an "in-line" rating in a research report on Friday, October 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $40.75.

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.