Janus Henderson Group (NYSE:JHG - Get Free Report) announced its earnings results on Thursday. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11, Briefing.com reports. The firm had revenue of $624.80 million for the quarter, compared to analysts' expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business's revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 EPS.
Janus Henderson Group Trading Up 0.8 %
JHG stock traded up $0.34 during mid-day trading on Friday, reaching $41.65. The company had a trading volume of 1,087,749 shares, compared to its average volume of 892,978. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.05 and a quick ratio of 2.67. The company has a market capitalization of $6.63 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 0.79 and a beta of 1.49. The firm has a 50 day moving average of $38.39 and a 200 day moving average of $35.56. Janus Henderson Group has a 12 month low of $23.98 and a 12 month high of $42.46.
Janus Henderson Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.75%. Janus Henderson Group's dividend payout ratio is currently 61.66%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on JHG shares. Morgan Stanley upped their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. StockNews.com cut shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a 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 report on Friday, October 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Janus Henderson Group from $40.00 to $42.00 and gave the company a "hold" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $40.75.
Check Out Our Latest Stock Analysis on Janus Henderson Group
Insiders Place Their Bets
In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at $4,923,869.98. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 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 owns 89,048 shares of the company's stock, valued at approximately $3,251,142.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Roger Mj Thompson sold 9,000 shares of the company's stock in a transaction that occurred 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 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 disclosure for this sale can be found here. Insiders have sold 25,651 shares of company stock worth $918,158 in the last three months. Corporate insiders own 19.60% of the company's stock.
Janus Henderson Group Company Profile
(
Get Free Report)
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.
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