Janus Henderson Group plc (NYSE:JHG) Short Interest Down 17.9% in March

Janus Henderson Group plc (NYSE:JHG) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,610,000 shares, a decrease of 17.9% from the February 28th total of 3,180,000 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average trading volume of 1,140,000 shares, the days-to-cover ratio is currently 2.3 days.

Janus Henderson Group Price Performance

JHG stock traded up $0.16 during trading on Tuesday, hitting $36.31. The company had a trading volume of 156,088 shares, compared to its average volume of 1,031,465. The business has a 50 day moving average of $41.07 and a 200 day moving average of $41.55. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 14.17, a P/E/G ratio of 0.66 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a fifty-two week low of $30.35 and a fifty-two week high of $46.68.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 16.38% and a return on equity of 12.18%. During the same period last year, the company posted $0.82 earnings per share. As a group, research analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s payout ratio is currently 60.94%.

Analyst Ratings Changes

A number of equities analysts have commented on JHG shares. Wells Fargo & Company lifted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. UBS Group upgraded Janus Henderson Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. Finally, JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $44.00 to $53.00 in a report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $47.38.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JHG. Vanguard Group Inc. lifted its position in shares of Janus Henderson Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 14,148,813 shares of the company’s stock valued at $601,749,000 after acquiring an additional 203,330 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Janus Henderson Group by 23.9% during the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock valued at $308,242,000 after purchasing an additional 1,399,781 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Janus Henderson Group by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,593,441 shares of the company’s stock valued at $195,359,000 after purchasing an additional 147,362 shares during the period. Northern Trust Corp increased its stake in Janus Henderson Group by 8.4% in the 4th quarter. Northern Trust Corp now owns 2,320,796 shares of the company’s stock worth $98,703,000 after purchasing an additional 180,726 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in 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 buying an additional 12,884 shares during the period. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Company Profile

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.