Janus Henderson Group PLC (ASX: JHG) is into asset management. It is a leading active asset management firm. The company thrives on active asset management and present opportunities to clients in outperforming the passive portfolios. The company adheres to appropriate levels of risk and uses several strategies to generate returns.
The company recently announced an update on the number of Chess Depositary Interests (CDIs) quoted on ASX. On December 31, 2018, the company consisted of 196,412,764 shares with voting rights. The company, however, holds no treasury shares. As per the sources, the purpose of this issue is net transfer of securities between CDIs and ordinary shares listed on NYSE. As of December 31, 2018, the company has net issued shares of ~62.06 million.
Let’s have a look at the financial performance of the company. The total assets stood at US$6,923.5 million on September 30, 2018, as compared to the previous half year of US$7,272.7 million, a decrease by almost five percent. The total revenue of the company was US$581.2 million three months ended September 30, 2018, as compared to US$566.9 million in the previous corresponding period, an increase of 2 percent approximately.
The net income stood at US$105.1 million three months ended September 30, 2018, as compared to US$102.2 million in the previous corresponding period, an increase by 2.8% approximately. The net cash inflow from operating activities stood at US$427.5 million as compared to US$218.2 million for the nine months ending period in September 30, 2018, however the net inflow from investing cash flow stood at $87.9 million for the group as compared to $519 million based on nine months as compared to the previous corresponding period.
Investment performance across periods remained robust, with 63%, 60% and 81% of AUM outperforming benchmarks on a one, three and five-year basis, respectively, as of September 30, 2018. The AUM increased by 2.2% to US$378.1 billion from June 30, 2018, driven by favourable markets, however, this was partially offset by net outflows and unfavourable foreign currency translation. The Board has declared a $0.36 per share dividend for the third quarter of 2018 as of October 31, 2018. The Group has acquired 1,773,504 shares of its common stock for US$49.9 million during the third quarter ended September 30, 2018.
Let us now have a look at the performance of stock today. On January 03, 2019, Janus Henderson Group ended the session in green. The stock price of the company stood at A$29.910 per share which implies the JHG has encountered the rise of A$0.620 per share or 2.177%. The market capitalization Janus Henderson Group stood at $5.87 billion and the stock price of the company is trading towards the lower level. Let us now see how the stock has performed in the previous few months. In the time span of the previous six and three months, the stock delivered the return of -29.93% and -19.20%, respectively.
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