Janus Henderson Group plc (NYSE:JHG) Short Interest Update

Janus Henderson Group plc (NYSE:JHG) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 4,430,000 shares, a decrease of 6.7% from the December 15th total of 4,750,000 shares. Based on an average daily trading volume, of 965,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 2.8% of the company’s shares are short sold.

Wall Street Analyst Weigh In

JHG has been the subject of several analyst reports. UBS Group boosted their target price on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. TD Cowen increased their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Wells Fargo & Company lowered their price objective on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. Finally, Evercore ISI lifted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $44.75.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JHG. Millennium Management LLC boosted its holdings in shares of Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after buying an additional 1,809,249 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Janus Henderson Group by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company’s stock valued at $169,262,000 after acquiring an additional 36,711 shares during the last quarter. Ariel Investments LLC grew its position in shares of Janus Henderson Group by 0.7% in the 2nd quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock valued at $76,064,000 after acquiring an additional 16,653 shares during the period. Geode Capital Management LLC increased its stake in shares of Janus Henderson Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock worth $80,907,000 after purchasing an additional 12,884 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock valued at $79,248,000 after purchasing an additional 467,049 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 1.9 %

Shares of JHG traded up $0.82 during midday trading on Monday, hitting $42.91. The stock had a trading volume of 567,649 shares, compared to its average volume of 802,661. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 0.51 and a beta of 1.50. The company has a 50 day simple moving average of $43.58 and a two-hundred day simple moving average of $39.66. Janus Henderson Group has a twelve month low of $28.23 and a twelve month high of $45.74.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.64 EPS. On average, analysts anticipate that Janus Henderson Group will post 3.46 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.64%. The ex-dividend date was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

About Janus Henderson Group

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.