Janus Henderson Group (NYSE:JHG) Issues Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Janus Henderson Group (NYSE:JHG) posted its quarterly earnings results on Friday. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13, RTT News reports. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same period in the previous year, the firm posted $0.82 EPS.

Janus Henderson Group Trading Up 2.9 %

Shares of JHG stock traded up $1.27 during trading hours on Friday, reaching $44.93. 721,386 shares of the stock were exchanged, compared to its average volume of 857,736. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 0.60 and a beta of 1.50. Janus Henderson Group has a 12-month low of $28.52 and a 12-month high of $45.74. The company’s 50-day moving average price is $43.34 and its 200-day moving average price is $40.13. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.47%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on JHG shares. The Goldman Sachs Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their target price for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Wells Fargo & Company reduced their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft increased their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Finally, Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.75.

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.