Janus Henderson Group plc (NYSE:JHG – Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 1,816,491 shares, a decrease of 24.3% from the January 15th total of 2,400,499 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 1,183,512 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 1,183,512 shares, the short-interest ratio is presently 1.5 days. Currently, 1.5% of the company’s stock are short sold.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Bank of America reissued 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. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $47.67.
Get Our Latest Stock Report on JHG
Janus Henderson Group Stock Up 1.0%
Janus Henderson Group (NYSE:JHG – Get Free Report) last released its quarterly earnings data on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.19 by $0.82. The company had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.The firm’s revenue for the quarter was up 61.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 EPS. As a group, research analysts anticipate that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Janus Henderson Group
A number of institutional investors and hedge funds have recently modified their holdings of the company. V Square Quantitative Management LLC bought a new position in Janus Henderson Group during the fourth quarter worth about $25,000. Bessemer Group Inc. lifted its position in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares during the last quarter. United Community Bank bought a new position in shares of Janus Henderson Group during the 3rd quarter worth approximately $30,000. Empowered Funds LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth approximately $33,000. Finally, Quent Capital LLC bought a new stake in Janus Henderson Group in the 3rd quarter valued at $36,000. 87.94% of the stock is 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.
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