Janus Henderson Group plc (NYSE:JHG) Sees Large Decline in Short Interest

Janus Henderson Group plc (NYSE:JHG) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 3,250,000 shares, a decrease of 20.7% from the January 31st total of 4,100,000 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 965,900 shares, the short-interest ratio is presently 3.4 days.

Janus Henderson Group Stock Down 4.5 %

Shares of Janus Henderson Group stock traded down $1.88 during trading hours on Tuesday, hitting $39.40. 1,594,250 shares of the company’s stock traded hands, compared to its average volume of 1,000,294. The stock has a 50 day simple moving average of $42.98 and a 200-day simple moving average of $41.44. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08. The company has a market cap of $6.26 billion, a PE ratio of 15.39, a PEG ratio of 0.66 and a beta of 1.50. Janus Henderson Group has a twelve month low of $30.35 and a twelve month high of $46.68.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the firm earned $0.82 earnings per share. Equities research analysts anticipate that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were paid a $0.39 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.96%. Janus Henderson Group’s dividend payout ratio (DPR) is 60.94%.

Wall Street Analyst Weigh In

JHG has been the subject of several recent research reports. Morgan Stanley increased their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Monday. Evercore ISI increased 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. Deutsche Bank Aktiengesellschaft increased their price target on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Finally, The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $47.38.

Hedge Funds Weigh In On Janus Henderson Group

A number of hedge funds have recently bought and sold shares of JHG. Norges Bank acquired a new position in Janus Henderson Group in the fourth quarter worth about $83,525,000. Castlekeep Investment Advisors LLC acquired a new position in Janus Henderson Group in the fourth quarter worth about $74,989,000. Millennium Management LLC grew its stake in Janus Henderson Group by 23.9% in the fourth quarter. Millennium Management LLC now owns 7,247,633 shares of the company’s stock worth $308,242,000 after purchasing an additional 1,399,781 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Janus Henderson Group by 350.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,062,869 shares of the company’s stock worth $40,463,000 after purchasing an additional 827,132 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in Janus Henderson Group by 113.7% in the fourth quarter. Point72 Asset Management L.P. now owns 1,010,600 shares of the company’s stock valued at $42,981,000 after acquiring an additional 537,700 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

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.