Janus Henderson Stock Price, News & Analysis

Janus Henderson Group announced a secondary offering of 30,668,922 shares of common stock by its largest stockholder, Dai-ichi Life Holdings, at $29.25 per share. As part of the offering, Janus is repurchasing 8,048,360 shares through underwriters, funded by cash on hand. This move will result in Dai-ichi exiting its entire stake, while Janus will not receive any proceeds from this sale. The offering closes on 9 February 2021 and is being managed by Goldman Sachs. Janus currently manages approximately $402 billion in assets.

Janus Henderson Group plc (NYSE/ASX: JHG) announces a secondary offering of common stock as Dai-ichi Life Holdings, Inc. plans to exit its equity investment, relinquishing its board seat. Janus Henderson will repurchase up to US$230 million worth of stock in this offering. Although Dai-ichi reallocates capital towards its insurance business, a new strategic cooperation agreement will enhance collaboration, particularly in Japan. Both companies remain committed to ongoing product development and distribution, affirming their mutual respect and partnership.

Janus Henderson Group (NYSE/ASX: JHG) has announced a proposed secondary offering of 30,668,922 shares of its common stock by Dai-ichi Life Holdings, Inc. The offering will benefit the Selling Stockholder, with all proceeds going to them, as Janus Henderson will not receive any funds from this offering. This transaction is set to close on February 9, 2021, pending market conditions and the effectiveness of the registration statement under the Securities Act.

Janus Henderson Group plc (JHG) announced its fourth quarter and full-year 2020 results, reporting fourth quarter operating income of US$227.0 million, up from US$156.5 million in Q3 2020. Adjusted operating income rose to US$231.7 million. Diluted earnings per share surged 57% to US$1.02 compared to Q3 2020. Despite Dai-ichi Life’s strategic exit from JHG's board, a new co-operation agreement was established. The Group's revenue for Q4 reached US$657.2 million, with a diluted EPS of US$1.04, marking a 49% increase from the previous quarter.

Janus Henderson Group (JHG) will announce its fourth quarter and full-year 2020 results on February 4, 2021, at 4 am EST. A conference call to discuss the results will follow at 8 am EST. Participants can join via designated phone numbers for the UK, US, and Australia or through an international line. To minimize delays, pre-registration is encouraged. A webcast of the call will be available on Janus Henderson’s investor relations website, along with a replay for two weeks. As of September 30, 2020, JHG managed approximately US$358 billion in assets.

The latest Janus Henderson Global Dividend Index reveals a decline in US dividends of 5.4% to $117.7 billion in Q3, with one in six companies cancelling dividends. Globally, total dividends dropped by $55 billion to $329.8 billion, marking the lowest level since 2016, a 14.3% fall. Despite the downturn, Janus Henderson expresses optimism for future payouts in 2021. Notably, consumer discretionary sectors experienced a 43% decline, while sectors like pharmaceuticals and food saw stability. Upcoming quarters will be crucial for assessing dividend sustainability.

Janus Henderson Group plc (JHG) announced its third quarter 2020 results showing a significant increase in operating income to US$156.5 million, up from US$106.7 million in Q2 2020. Adjusted operating income rose to US$162.1 million, reflecting a 4% quarter-over-quarter increase. Diluted EPS reached US$0.65, a rise from US$0.55 in Q2. The firm reported third quarter adjusted revenue of US$449.7 million, boosted by higher average AUM despite lower performance fees. Cash returns to shareholders included a US$0.36 dividend and US$50.2 million in share buybacks.

Janus Henderson Investors (NYSE/ASX: JHG) has launched the Janus Henderson AAA CLO ETF (NYSE: JAAA), an actively managed ETF designed to provide access to the $700B+ collateralized loan obligation (CLO) market. This fund aims to offer investors floating rate exposure, focusing on AAA-rated CLOs to enhance income while managing credit risk. The ETF will invest at least 90% of its net assets in AAA-rated CLOs, with a competitive expense ratio of 0.25%. It is managed by experienced portfolio managers and aims to support capital preservation and current income.

Janus Henderson Group (JHG) will announce its third quarter 2020 results on October 29, 2020, at 4am EDT (8am GMT, 7pm AEDT). A conference call and webcast will follow at 8am EDT (12pm GMT, 11pm AEDT) to discuss these results. Interested participants can call respective toll-free numbers based on their region, including 0800 358 6377 for the UK and 800 239 9838 for the US. The webcast will be accessible via the investor relations section of Janus Henderson’s website, and a replay will be available for at least seven days post-call.