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

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

Wall Street Analysts Forecast Growth

JHG has been the subject of several analyst reports. Bank of America reaffirmed a “neutral” rating and issued a $49.00 target price (down previously from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. BMO Capital Markets initiated coverage on Janus Henderson Group in a report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Finally, Evercore ISI reduced their target price on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus price target of $47.67.

Janus Henderson Group Stock Down 0.4%

NYSE JHG traded down $0.21 during trading hours on Thursday, reaching $47.91. 864,030 shares of the company traded hands, compared to its average volume of 1,531,703. The stock has a market capitalization of $7.40 billion, a PE ratio of 14.05, a PEG ratio of 0.75 and a beta of 1.54. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $49.42. The company has a 50 day moving average of $45.36 and a two-hundred day moving average of $43.97.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. During the same quarter in the prior year, the business posted $0.91 EPS. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, equities analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 46.92%.

Institutional Investors Weigh In On Janus Henderson Group

A number of institutional investors have recently made changes to their positions in the company. Fifth Third Wealth Advisors LLC bought a new position in Janus Henderson Group during the fourth quarter worth $203,000. Foster & Motley Inc. increased its stake in Janus Henderson Group by 18.9% during the fourth quarter. Foster & Motley Inc. now owns 31,888 shares of the company’s stock valued at $1,517,000 after purchasing an additional 5,070 shares during the last quarter. CIBRA Capital Ltd bought a new stake in Janus Henderson Group during the fourth quarter valued at $999,000. Exchange Traded Concepts LLC acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth $220,000. Finally, Pallas Capital Advisors LLC lifted its position in shares of Janus Henderson Group by 6.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 23,945 shares of the company’s stock worth $1,139,000 after buying an additional 1,407 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

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.