Janus Henderson Group plc (NYSE:JHG) Short Interest Down 6.4% in October

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

Insider Buying and Selling at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. The trade was a 6.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 19.60% of the company’s stock.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC raised its stake in Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company’s stock valued at $80,907,000 after purchasing an additional 12,884 shares in the last quarter. Vestcor Inc bought a new position in Janus Henderson Group in the third quarter worth about $613,000. Barclays PLC raised its holdings in Janus Henderson Group by 84.0% in the third quarter. Barclays PLC now owns 96,217 shares of the company’s stock worth $3,663,000 after purchasing an additional 43,933 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Janus Henderson Group by 56.3% during the third quarter. MML Investors Services LLC now owns 16,714 shares of the company’s stock valued at $636,000 after purchasing an additional 6,018 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new position in shares of Janus Henderson Group in the 3rd quarter worth about $349,000. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. UBS Group boosted their price target on Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Evercore ISI increased their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Finally, TD Cowen upped their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $41.75.

Janus Henderson Group Stock Performance

NYSE:JHG traded down $0.08 during trading on Monday, reaching $44.42. The company’s stock had a trading volume of 37,028 shares, compared to its average volume of 1,021,534. The firm has a 50 day moving average of $39.84 and a 200-day moving average of $36.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. The firm has a market cap of $7.06 billion, a price-to-earnings ratio of 17.59, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. Janus Henderson Group has a 12 month low of $25.39 and a 12 month high of $45.67.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The firm had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 earnings per share. Research analysts expect that Janus Henderson Group will post 3.43 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.39 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.51%. 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.