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

Janus Henderson Group plc (NYSE:JHG – Get 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:JHG – Get 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.

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