Janus Henderson Group plc (NYSE:JHG) Short Interest Update

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. Approximately 3.0% of the company’s stock are sold short. Based on an average daily volume of 994,200 shares, the short-interest ratio is presently 4.8 days.

Hedge Funds Weigh In On Janus Henderson Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Huntington National Bank raised its stake in shares of Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock worth $46,000 after buying an additional 240 shares during the period. Abich Financial Wealth Management LLC raised its stake in Janus Henderson Group by 26.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after acquiring an additional 377 shares during the period. GAMMA Investing LLC lifted its holdings in Janus Henderson Group by 15.7% during the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock valued at $107,000 after purchasing an additional 382 shares in the last quarter. Assetmark Inc. boosted its position in shares of Janus Henderson Group by 9.1% in the third quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock worth $194,000 after purchasing an additional 425 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Janus Henderson Group by 24.6% in the third quarter. Blue Trust Inc. now owns 2,236 shares of the company’s stock worth $85,000 after purchasing an additional 442 shares in the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Evercore ISI raised their price objective on shares of 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. UBS Group boosted their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Morgan Stanley upped 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. TD Cowen lifted their target price on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, The Goldman Sachs Group upped their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $43.38.

Janus Henderson Group Stock Down 0.3 %

JHG stock opened at $42.53 on Wednesday. The business’s 50-day moving average is $43.43 and its two-hundred day moving average is $38.89. The company has a market cap of $6.76 billion, a price-to-earnings ratio of 16.81, a P/E/G ratio of 0.62 and a beta of 1.49. Janus Henderson Group has a fifty-two week low of $28.19 and a fifty-two week high of $45.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08.

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 company 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 earnings per share. The firm’s revenue was up 19.9% compared to the same quarter last year. As a group, analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.39 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a yield of 3.67%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Janus Henderson Group Company Profile

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.