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

Janus Henderson Group plc (NYSE:JHG) announced a quarterly dividend on Wednesday, July 31st, NASDAQ reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.39 per share on Wednesday, August 28th. This represents a $1.56 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend is Monday, August 12th.

Janus Henderson Group has raised its dividend payment by an average of 2.7% per year over the last three years. Janus Henderson Group has a payout ratio of 48.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Janus Henderson Group to earn $3.51 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 44.4%.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $34.53 on Friday. Janus Henderson Group has a 12 month low of $22.17 and a 12 month high of $39.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The business has a 50 day simple moving average of $34.48 and a 200-day simple moving average of $32.74. The stock has a market capitalization of $5.50 billion, a PE ratio of 13.03, a price-to-earnings-growth ratio of 0.68 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. The business had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 earnings per share. Equities analysts predict that Janus Henderson Group will post 3.23 earnings per share for the current year.

Insider Activity

In related news, major shareholder Henderson Group Plc Janus acquired 166,042 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were acquired at an average price of $3.55 per share, with a total value of $589,449.10. Following the completion of the purchase, the insider now directly owns 1,648,577 shares in the company, valued at $5,852,448.35. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders bought a total of 487,179 shares of company stock worth $1,650,371 over the last 90 days. 19.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have issued reports on JHG shares. JPMorgan Chase & Co. increased their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Monday, August 5th. Morgan Stanley increased their price objective on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 17th. TD Cowen increased their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Finally, UBS Group increased their price objective on Janus Henderson Group from $30.00 to $31.00 and gave the stock a “sell” rating in a research report on Wednesday, July 10th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus target price of $30.92.

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.