Janus Henderson Group plc (NYSE:JHG) Sees Large Decline in Short Interest

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

Janus Henderson Group Trading Up 1.9 %

Shares of NYSE:JHG traded up $0.82 during trading on Friday, reaching $42.91. The company’s stock had a trading volume of 567,649 shares, compared to its average volume of 802,661. The firm’s 50 day simple moving average is $43.58 and its two-hundred day simple moving average is $39.62. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 12 month low of $28.23 and a 12 month high of $45.74. The stock has a market capitalization of $6.82 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 0.51 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly 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. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same period last year, the company earned $0.64 earnings per share. Janus Henderson Group’s revenue was up 19.9% on a year-over-year basis. On average, research analysts predict that Janus Henderson Group will post 3.46 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.39 per share. The ex-dividend date 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 presently 61.66%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Quarry LP grew its holdings in shares of Janus Henderson Group by 203.6% in the third quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the last quarter. UMB Bank n.a. boosted its position in Janus Henderson Group by 56.5% in the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after buying an additional 284 shares during the period. Huntington National Bank grew its stake in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after acquiring an additional 240 shares in the last quarter. Addison Advisors LLC increased its position in shares of Janus Henderson Group by 103.4% during the third quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after acquiring an additional 642 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in shares of Janus Henderson Group by 70.6% during the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock valued at $53,000 after acquiring an additional 575 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their target price on Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. TD Cowen increased their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company lowered their target price on shares of Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and upped their target price for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Finally, Evercore ISI increased their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $44.75.

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.