Short Interest in Janus Henderson Group plc (NYSE:JHG) Increases By 5.8%

Janus Henderson Group plc (NYSE:JHG) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 4,750,000 shares, an increase of 5.8% from the November 30th total of 4,490,000 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average trading volume of 994,200 shares, the days-to-cover ratio is presently 4.8 days.

Janus Henderson Group Trading Up 1.3 %

Janus Henderson Group stock opened at $43.08 on Friday. Janus Henderson Group has a one year low of $28.19 and a one year high of $45.74. The business’s fifty day moving average is $43.57 and its 200 day moving average is $38.95. The stock has a market capitalization of $6.85 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 0.62 and a beta of 1.49. 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 quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. During the same quarter last year, the firm posted $0.64 EPS. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. On average, sell-side analysts predict that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid 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 yield of 3.62%. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Hedge Funds Weigh In On Janus Henderson Group

Several hedge funds and other institutional investors have recently modified their holdings of JHG. Quarry LP increased its position in Janus Henderson Group by 203.6% during the third quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after acquiring an additional 509 shares during the last quarter. Huntington National Bank increased its position in shares of Janus Henderson Group by 24.5% during the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after purchasing an additional 1,000 shares during the last quarter. Addison Advisors LLC lifted its stake in shares of Janus Henderson Group by 103.4% in the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock worth $48,000 after purchasing an additional 642 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Janus Henderson Group by 70.6% in the third quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after buying an additional 575 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

JHG has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. UBS Group boosted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Morgan Stanley raised 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. The Goldman Sachs Group increased their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research note on Thursday, October 3rd. Finally, Evercore ISI raised their price target on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. One research 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $43.38.

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.