Q2 2022 EPS Estimates for Janus Henderson Group plc (NYSE:JHG) Raised by Analyst

Janus Henderson Group plc (NYSE:JHGGet Rating) – Equities researchers at Jefferies Financial Group raised their Q2 2022 EPS estimates for Janus Henderson Group in a report released on Monday, April 11th. Jefferies Financial Group analyst D. Fannon now anticipates that the company will post earnings of $0.88 per share for the quarter, up from their prior estimate of $0.87. Jefferies Financial Group also issued estimates for Janus Henderson Group’s Q3 2022 earnings at $0.91 EPS.

Janus Henderson Group (NYSE:JHGGet Rating) last issued its quarterly earnings data on Thursday, February 3rd. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.03 by $0.02. The company had revenue of $697.20 million during the quarter, compared to analysts’ expectations of $701.39 million. Janus Henderson Group had a net margin of 22.29% and a return on equity of 15.75%. Janus Henderson Group’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.04 earnings per share.

JHG has been the subject of several other reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Janus Henderson Group from $36.00 to $33.00 and set a “hold” rating for the company in a research report on Friday, February 18th. Zacks Investment Research lowered shares of Janus Henderson Group from a “hold” rating to a “sell” rating in a research report on Thursday, March 10th. StockNews.com initiated coverage on shares of Janus Henderson Group in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Macquarie lowered shares of Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research report on Friday, February 4th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $48.13.

Shares of Janus Henderson Group stock opened at $33.62 on Wednesday. Janus Henderson Group has a 1 year low of $29.27 and a 1 year high of $48.55. The firm has a market cap of $5.68 billion, a PE ratio of 9.36 and a beta of 1.46. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 2.17. The company has a 50 day simple moving average of $34.15 and a two-hundred day simple moving average of $39.83.

Large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its holdings in Janus Henderson Group by 211.3% during the 4th quarter. Russell Investments Group Ltd. now owns 97,235 shares of the company’s stock valued at $4,075,000 after buying an additional 66,001 shares during the last quarter. Ritholtz Wealth Management purchased a new position in Janus Henderson Group during the 4th quarter valued at $208,000. O Shaughnessy Asset Management LLC increased its position in Janus Henderson Group by 502.9% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 18,973 shares of the company’s stock valued at $784,000 after purchasing an additional 15,826 shares during the period. Nordea Investment Management AB increased its position in Janus Henderson Group by 98.5% during the 4th quarter. Nordea Investment Management AB now owns 66,357 shares of the company’s stock valued at $2,807,000 after purchasing an additional 32,931 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in Janus Henderson Group by 6.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 194,949 shares of the company’s stock valued at $8,057,000 after purchasing an additional 11,608 shares during the period. Institutional investors own 76.75% of the company’s stock.

In related news, Director Glenn S. Schafer sold 700 shares of the company’s stock in a transaction on Wednesday, February 9th. The shares were sold at an average price of $36.72, for a total transaction of $25,704.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Nelson Peltz purchased 750,000 shares of the stock in a transaction that occurred on Friday, March 11th. The shares were purchased at an average price of $32.41 per share, with a total value of $24,307,500.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 2,658,787 shares of company stock valued at $85,656,066 and sold 64,769 shares valued at $2,340,086. Insiders own 18.10% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 28th. Stockholders of record on Monday, February 14th were issued a $0.38 dividend. The ex-dividend date was Friday, February 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.52%. Janus Henderson Group’s payout ratio is 42.34%.

Janus Henderson Group Company Profile (Get Rating)

Janus Henderson Group Plc is a holding company, which engages in the provision of asset management services. It offers investment solutions including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies. The company was founded on Jan 23, 1998, is headquartered in London, the United Kingdom.

Further Reading

Earnings History and Estimates for Janus Henderson Group (NYSE:JHG)

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