Janus Henderson Group (NYSE:JHG) Announces Earnings Results, Misses Expectations By $0.08 EPS

Janus Henderson Group (NYSE:JHG) posted its quarterly earnings data on Friday. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08), Zacks reports. The company had revenue of $541.60 million during the quarter, compared to analyst estimates of $560.37 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 earnings per share.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock opened at $51.69 on Friday. The company has a current ratio of 4.18, a quick ratio of 2.50 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $51.40 and a two-hundred day moving average price of $47.91. Janus Henderson Group has a 1-year low of $35.56 and a 1-year high of $53.76. The company has a market cap of $7.96 billion, a P/E ratio of 10.17, a PEG ratio of 5.75 and a beta of 1.37.

Insiders Place Their Bets

In other Janus Henderson Group news, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares in the company, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO William B. Cassidy sold 16,947 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $52.27, for a total value of $885,819.69. Following the sale, the chief technology officer owned 118,939 shares of the company’s stock, valued at approximately $6,216,941.53. The trade was a 12.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 146,229 shares of company stock worth $7,239,650. Company insiders own 21.00% of the company’s stock.

Institutional Trading of Janus Henderson Group

Large investors have recently made changes to their positions in the company. Empowered Funds LLC acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $33,000. CIBC Private Wealth Group LLC grew its stake in shares of Janus Henderson Group by 540.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,633 shares of the company’s stock valued at $73,000 after buying an additional 1,378 shares during the period. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 14.7% in the 4th quarter. UMB Bank n.a. now owns 2,469 shares of the company’s stock valued at $117,000 after buying an additional 316 shares during the period. Triumph Capital Management acquired a new stake in shares of Janus Henderson Group in the 3rd quarter valued at about $111,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Janus Henderson Group in the 4th quarter valued at about $153,000. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research downgraded Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.