Short Interest in Janus Henderson Group plc (NYSE:JHG) Declines By 6.7%

Janus Henderson Group plc (NYSE:JHG) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 4,430,000 shares, a drop 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 short-interest ratio is presently 4.6 days.

Hedge Funds Weigh In On Janus Henderson Group

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Evercore ISI lifted their price target on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. UBS Group boosted their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Morgan Stanley boosted their price objective on shares of 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. JPMorgan Chase & Co. cut their target price on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, TD Cowen increased their price target 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 investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $44.75.

Janus Henderson Group Price Performance

Shares of JHG traded up $0.82 during trading hours on Friday, hitting $42.91. 567,649 shares of the company were exchanged, compared to its average volume of 802,661. The firm has a fifty day simple moving average of $43.58 and a 200-day simple moving average of $39.66. 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. 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 has a one year low of $28.23 and a one year high of $45.74.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share 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 firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. During the same quarter last year, the business posted $0.64 EPS. Janus Henderson Group’s revenue was up 19.9% on a year-over-year basis. As a group, sell-side analysts predict that Janus Henderson Group will post 3.46 earnings per share for the current year.

Janus Henderson Group Announces Dividend

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