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

Janus Henderson Group plc (NYSE:JHG - Get Free Report) announced a quarterly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.39 per share on Wednesday, May 29th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date is Friday, May 10th.

Janus Henderson Group has raised its dividend payment by an average of 2.7% annually over the last three years. Janus Henderson Group has a payout ratio of 52.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Janus Henderson Group to earn $2.98 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 52.3%.

Janus Henderson Group Stock Performance

Shares of NYSE:JHG traded up $0.59 during trading on Friday, hitting $32.55. The company's stock had a trading volume of 1,092,796 shares, compared to its average volume of 1,100,822. 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 firm has a market cap of $5.25 billion, a price-to-earnings ratio of 13.73, a P/E/G ratio of 1.47 and a beta of 1.53. The company has a 50-day moving average of $31.77 and a 200-day moving average of $29.08. Janus Henderson Group has a 12 month low of $22.17 and a 12 month high of $33.25.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The business had revenue of $551.70 million during the quarter, compared to analysts' expectations of $547.20 million. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. The firm's revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.55 earnings per share. On average, sell-side analysts expect that Janus Henderson Group will post 2.85 earnings per share for the current year.

Analyst Ratings Changes

JHG has been the topic of a number of recent research reports. Morgan Stanley raised their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 17th. TD Cowen began coverage on Janus Henderson Group in a research note on Thursday, January 4th. They set a "market perform" rating and a $30.00 price objective for the company. UBS Group increased their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a "sell" rating in a report on Friday, April 12th. 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 report on Friday. Finally, The Goldman Sachs Group increased 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $28.93.

Insider Activity

In related news, CAO Brennan A. Hughes sold 1,812 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the 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 completion of the transaction, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares in the company, valued at $114,074.45. The disclosure for this sale can be found here. Insiders sold a total of 70,133 shares of company stock worth $2,172,459 over the last 90 days. Corporate insiders own 19.60% of the company's stock.

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.

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