|Over a week ago|
Janus Henderson Group announces Dick Weil to retire as CEO » 09:0211/1811/18/21
Janus Henderson Grou…
Janus Henderson Grou announced that Dick Weil intends to retire as Chief Executive Officer and as a member of the Company's Board of Directors, effective 31 March 2022. The Board has initiated an internal and external search process with the assistance of a leading executive search firm to identify a successor to lead Janus Henderson through its next phase of growth. To ensure a seamless transition, Mr. Weil will remain in his role until March 2022 and assist Janus Henderson with an orderly transfer of responsibilities, serving as an adviser to the Company through 30 June 2022.
Peltz's Trian Fund buys GE, cuts Sysco in Q3 » 17:0311/1211/12/21
JHG, GE, SYY, WEN, MDLZ, CMCSA, FERG, IVZ
Nelson Peltz's Trian…
Nelson Peltz's Trian Fund Management disclosed in an SEC filing its holdings as of September 30, 2021. The fund increased its stake in two holdings in the third quarter, including by size of previous position Janus Henderson (JHG) and General Electric (GE). Trian decreased its stake in six holdings, including by size of previous position Sysco (SYY), Wendy's (WEN), Mondelez (MDLZ), Comcast Class A (CMCSA), and Ferguson (FERG). The fund's top holdings as of September 30, in order of size, were Ferguson, Comcast Class A, Sysco, Janus Henderson, and Invesco (IVZ).
|Over a month ago|
Janus Henderson Group reports Q3 adjusted EPS $1.16, consensus 98c » 05:1610/2810/28/21
Reports Q3 revenue…
Reports Q3 revenue $687.4M, consensus $686.77M. Reports Q3 AUM of $419.3B decreased 2% compared to the prior quarter. Dick Weil, CEO of Janus Henderson, stated: "Third quarter financial results were strong with adjusted operating income of US$253.0 million and adjusted diluted EPS of US$1.16 up 56% and 66%, respectively, from one year ago, demonstrating the operating leverage in our business. We have made significant progress delivering our strategy of Simple Excellence, which is resulting in momentum building across the business. We have a strong foundation, and the progress we have made allows us to take advantage of trends that our clients are asking us to support them on. We expect this to result in the delivery of growth through organic and inorganic opportunities that accentuate our distribution excellence, our investment expertise and our differentiated operating platform."
|Over a quarter ago|
Nelson Peltz's Trian Fund boosts Janus Henderson, cuts Sysco in Q2 » 16:5108/1308/13/21
JHG, CMCSA, IVZ, GE, PG, SYY, MDLZ, FERG
Nelson Peltz's Trian…
Nelson Peltz's Trian Fund Management disclosed in an SEC filing its holdings as of June 30, 2021. The fund increased its stake in four positions during the second quarter, including by size of previous position Janus Henderson (JHG), Comcast Class A (CMCSA), Invesco (IVZ), and General Electric (GE). The fund decreased its stake in four holdings, including by size of previous position Procter & Gamble (PG), Sysco (SYY), Mondelez (MDLZ), and Ferguson (FERG). Trian's top holdings as of June 30, in order of size, were Ferguson, Sysco, Comcast Class A, Invesco, and Janus Henderson.
Janus Henderson Group appoints James Lowry as global COO » 12:0307/2207/22/21
Janus Henderson Group…
Janus Henderson Group (JHG) announces the appointment of James Lowry to the newly created role of Global COO at Janus Henderson Group plc. James Lowry has over 25 years of relevant global experience and joins the firm from State Street (STT) where he currently holds the position of COO of State Street Alpha, State Street's front-to-back investment management platform division. James Lowry will join the firm on 1 October 2021, will be based in London and will report to Dick Weil, CEO of Janus Henderson. As part of his new role, James Lowry will oversee operations, technology, data governance and architecture, change management and strategic vendor oversight. He will further strengthen our leadership team, in the delivery of operational excellence and transformation. In addition, James will join the firm's Executive Committee.
Janus Henderson Group downgraded to Neutral from Buy at Citi » 19:5807/2007/20/21
Citi analyst Nigel…
Citi analyst Nigel Pittaway downgraded Janus Henderson Group to Neutral from Buy with a A$54 price target.
Janus Henderson Group price target raised to $38 from $32 at Deutsche Bank » 07:1007/1207/12/21
Deutsche Bank analyst…
Deutsche Bank analyst Brian Bedell raised the firm's price target on Janus Henderson Group to $38 from $32 and keeps a Hold rating on the shares. The analyst sees the traditional asset manager stocks as best positioned for outperformance across his subsectors into the Q2 reporting season. Key drivers include improving organic growth trends, less pressure on fee rates, a "generally constructive" macro growth outlook and "still relatively inexpensive" valuations, Bedell tells investors in a research note. The analyst thinks Q2 results will be viewed positively.
Janus Henderson Group increases quarterly dividend 6% to 38c per share » 05:1504/2904/29/21
The company's board…
The company's board approved a 6% increase in the quarterly dividend and declared a Q1 dividend in respect of the three months ended March 31 of 38c per share. Shareholders on the register on the record date of May 11 will be paid the dividend on May 27. Janus Henderson does not offer a dividend reinvestment plan.
Janus Henderson Group reports Q1 adjusted EPS 91c, consensus 82c » 05:1304/2904/29/21
Reports Q1 revenue $644M,…
Reports Q1 revenue $644M, consensus $629.02M. Dick Weil, CEO of Janus Henderson Group plc, stated: "Our first quarter results reflect solid long-term investment performance, strong financials and continued capital return to shareholders. We remain confident in the momentum we are seeing in several areas of our business, including our Intermediary channel, Fixed Income and Multi-Asset capabilities, and within Equities, European Equities, Life Sciences and Sustainable Equities. We continue to be financially disciplined while focusing on investing in strategic growth and returning excess cash to shareholders. We returned over US$290 million through dividends and share buybacks in the first quarter, and we are pleased to announce a 6% dividend increase."
Trian Fund exits nVent, increases stake in GE » 17:1702/1202/12/21
NVT, CMCSA, GE, PG, SYY, JHG, MDLZ, IVZ
Nelson Peltz's Trian…
Nelson Peltz's Trian Fund Management disclosed in an SEC filing its holdings as of December 31, 2020. The fund exited one position during the fourth quarter, namely nVent Electric (NVT). Trian increased its stake in two holdings, namely Comcast Class A (CMCSA) and General Electric (GE). The fund reduced its stake in three holdings, including by size of previous position P&G (PG), Sysco (SYY), and Janus Henderson Group (JHG). Trian's top holdings as of December 31, in order of size, were Sysco, P&G, Comcast Class A, Mondelez (MDLZ), and Invesco (IVZ).