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

Janus Henderson Group plc (NYSE:JHG) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,680,000 shares, a decline of 6.4% from the October 15th total of 5,000,000 shares. Based on an average daily volume of 892,800 shares, the short-interest ratio is presently 5.2 days. Approximately 3.0% of the company’s stock are sold short.

Analyst Ratings Changes

Several research firms have recently commented on JHG. Morgan Stanley boosted their target price on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. The Goldman Sachs Group raised their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Evercore ISI raised their price objective 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. Finally, UBS Group upped their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.75.

Insider Buying and Selling at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. This trade represents a 6.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 20.00% of the company’s stock.

Institutional Trading of Janus Henderson Group

Large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in Janus Henderson Group by 5.1% in the 1st quarter. BNP Paribas Financial Markets now owns 15,908 shares of the company’s stock worth $523,000 after acquiring an additional 777 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Janus Henderson Group by 77.7% in the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after purchasing an additional 110,136 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Janus Henderson Group by 33.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock valued at $4,052,000 after purchasing an additional 31,261 shares during the period. Vanguard Group Inc. lifted its stake in shares of Janus Henderson Group by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock valued at $449,036,000 after buying an additional 71,753 shares in the last quarter. Finally, Seven Eight Capital LP bought a new position in Janus Henderson Group in the 1st quarter worth approximately $776,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Down 1.1 %

Shares of Janus Henderson Group stock opened at $43.93 on Wednesday. The firm has a market cap of $6.98 billion, a PE ratio of 17.55, a P/E/G ratio of 0.58 and a beta of 1.49. Janus Henderson Group has a 1 year low of $25.39 and a 1 year high of $45.67. 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 stock has a fifty day moving average price of $40.01 and a 200-day moving average price of $36.59.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data 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 net margin of 17.33% and a return on equity of 11.49%. The business had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. During the same quarter last year, the company posted $0.64 earnings per share. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. Equities research analysts anticipate that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.55%. 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.