Janus Henderson Group plc (NYSE:JHG) Sees Significant Decrease in Short Interest

Janus Henderson Group plc (NYSE:JHG) saw a large decrease in short interest in 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. Currently, 2.8% of the company’s stock are sold short. Based on an average trading volume of 965,000 shares, the days-to-cover ratio is currently 4.6 days.

Janus Henderson Group Price Performance

Shares of JHG traded up $0.82 on Monday, hitting $42.91. The company’s stock had a trading volume of 567,649 shares, compared to its average volume of 802,661. The company has a market capitalization of $6.82 billion, a PE ratio of 16.96, a PEG ratio of 0.51 and a beta of 1.50. Janus Henderson Group has a fifty-two week low of $28.23 and a fifty-two week high of $45.74. The company has a 50 day moving average price of $43.58 and a 200 day moving average price of $39.66. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. Janus Henderson Group’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. On average, research analysts anticipate that Janus Henderson Group will post 3.46 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on JHG shares. JPMorgan Chase & Co. reduced their price objective on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $42.00 to $45.00 in a research note on Monday, January 6th. Morgan Stanley boosted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Finally, TD Cowen raised their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $44.75.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its holdings in Janus Henderson Group by 79.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 13,182 shares of the company’s stock worth $444,000 after purchasing an additional 5,850 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Janus Henderson Group by 94.5% during the 2nd quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock worth $97,000 after buying an additional 1,411 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Janus Henderson Group by 201.2% during the second quarter. Envestnet Asset Management Inc. now owns 102,614 shares of the company’s stock worth $3,459,000 after buying an additional 68,544 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Janus Henderson Group by 2.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 28,394 shares of the company’s stock valued at $957,000 after buying an additional 562 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Janus Henderson Group by 11.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,516 shares of the company’s stock valued at $1,867,000 after acquiring an additional 5,754 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

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.