Janus Henderson Group plc (NYSE:JHG) Short Interest Down 6.7% in December

Janus Henderson Group plc (NYSE:JHG) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 4,430,000 shares, a decrease of 6.7% from the December 15th total of 4,750,000 shares. Based on an average daily volume of 965,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 2.8% of the company’s stock are short sold.

Janus Henderson Group Stock Performance

Shares of JHG traded up $0.82 during mid-day trading on Friday, hitting $42.91. 567,649 shares of the company traded hands, compared to its average volume of 802,661. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 16.96, a P/E/G ratio of 0.51 and a beta of 1.50. The stock has a 50-day moving average price of $43.58 and a two-hundred day moving average price of $39.62. Janus Henderson Group has a 1 year low of $28.23 and a 1 year 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 released its quarterly earnings results 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. The firm had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same period last year, the business posted $0.64 EPS. Equities analysts anticipate that Janus Henderson Group will post 3.46 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is currently 61.66%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JHG shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a report on Monday, November 11th. Wells Fargo & Company reduced their price target on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. lowered their price target on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. UBS Group increased their price objective on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Finally, TD Cowen lifted their target price on shares of Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $44.75.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently made changes to their positions in the business. Huntington National Bank grew its holdings in Janus Henderson Group by 24.5% during the third 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 period. UMB Bank n.a. grew its stake in shares of Janus Henderson Group by 56.5% during the 4th quarter. UMB Bank n.a. now owns 787 shares of the company’s stock valued at $33,000 after acquiring an additional 284 shares during the period. Abich Financial Wealth Management LLC increased its holdings in Janus Henderson Group by 26.5% in 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 in the last quarter. GAMMA Investing LLC raised its stake in Janus Henderson Group by 15.7% during the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after acquiring an additional 382 shares during the period. Finally, Assetmark Inc. lifted its holdings in Janus Henderson Group by 9.1% during the third quarter. Assetmark Inc. now owns 5,101 shares of the company’s stock valued at $194,000 after purchasing an additional 425 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

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.