Janus Henderson Group (NYSE:JHG) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Janus Henderson Group (NYSE:JHG - Get Free Report) posted its earnings results on Thursday. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.08, Briefing.com reports. The business had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.55 earnings per share.

Janus Henderson Group Stock Performance

Shares of NYSE JHG traded up $0.59 during midday 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 951,980. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $33.25. The firm's fifty day moving average price is $31.79 and its 200-day moving average price is $29.18. The firm has a market cap of $5.25 billion, a P/E ratio of 12.28, a P/E/G ratio of 1.51 and a beta of 1.53.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.79%. Janus Henderson Group's payout ratio is currently 58.87%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Morgan Stanley upped their target price on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 17th. StockNews.com downgraded Janus Henderson Group from a "buy" rating to a "hold" rating in a research note on Friday. JPMorgan Chase & Co. boosted their price target on Janus Henderson Group from $35.00 to $36.00 and gave the stock a "neutral" rating in a research note on Friday. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a "sell" rating in a research note on Tuesday, April 2nd. Finally, UBS Group lifted their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the stock a "sell" rating in a report on Friday, April 12th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $28.93.

Insider Buying and Selling

In other news, CFO Roger Mj Thompson sold 30,656 shares of the company's stock in a transaction that occurred on Wednesday, February 28th. The stock was 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 directly owns 126,439 shares of the company's stock, valued at $3,910,758.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Brennan A. Hughes sold 1,812 shares of the company's stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the transaction, the chief accounting officer now owns 3,535 shares in the company, valued at $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Roger Mj Thompson sold 30,656 shares of Janus Henderson Group stock in a transaction dated 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 sale, the chief financial officer now owns 126,439 shares in the company, valued at $3,910,758.27. The disclosure for this sale can be found here. Insiders have sold a total of 70,133 shares of company stock worth $2,172,459 over the last quarter. 19.60% of the stock is owned by company insiders.

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.