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

Janus Henderson Group plc (NYSE:JHG) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 2,619,378 shares, a growth of 78.8% from the December 15th total of 1,464,728 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,830,099 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 2,830,099 shares, the short-interest ratio is currently 0.9 days. Currently, 2.1% of the company’s stock are short sold.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded down $0.04 during trading hours on Friday, hitting $47.85. 1,262,128 shares of the company were exchanged, compared to its average volume of 2,143,030. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $45.53 and a 200-day moving average of $44.10. Janus Henderson Group has a 1 year low of $28.26 and a 1 year high of $49.42. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 14.03, a P/E/G ratio of 0.75 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The company had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. During the same period in the previous year, the company posted $0.91 EPS. Janus Henderson Group’s revenue was up 12.1% compared to the same quarter last year. As a group, analysts expect that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, November 10th. Janus Henderson Group’s payout ratio is presently 46.92%.

Hedge Funds Weigh In On Janus Henderson Group

Large investors have recently made changes to their positions in the stock. Norges Bank purchased a new stake in shares of Janus Henderson Group in the second quarter valued at $86,180,000. AQR Capital Management LLC increased its stake in shares of Janus Henderson Group by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock valued at $143,715,000 after acquiring an additional 1,773,964 shares during the last quarter. Millennium Management LLC boosted its position in shares of Janus Henderson Group by 20.3% in the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares during the last quarter. Clark Capital Management Group Inc. grew its holdings in Janus Henderson Group by 101.2% in the third quarter. Clark Capital Management Group Inc. now owns 1,829,676 shares of the company’s stock valued at $81,439,000 after purchasing an additional 920,477 shares during the period. Finally, Balyasny Asset Management L.P. acquired a new position in Janus Henderson Group during the third quarter worth approximately $26,409,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on JHG shares. Evercore ISI decreased their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Bank of America reaffirmed a “neutral” rating and issued a $49.00 target price (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Morgan Stanley boosted their price target 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 Wednesday, December 17th. Finally, BMO Capital Markets started coverage on shares of Janus Henderson Group in a research note on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $47.67.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.