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

Janus Henderson Group plc (NYSE:JHG) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,610,000 shares, a decline of 17.9% from the February 28th total of 3,180,000 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Janus Henderson Group

A number of hedge funds and other institutional investors have recently bought and sold shares of JHG. Cerity Partners LLC bought a new stake in shares of Janus Henderson Group during the third quarter worth about $649,000. D.A. Davidson & CO. boosted its stake in Janus Henderson Group by 2.7% during the 3rd quarter. D.A. Davidson & CO. now owns 21,266 shares of the company’s stock valued at $810,000 after purchasing an additional 566 shares during the last quarter. FMR LLC increased its holdings in Janus Henderson Group by 15.9% during the 3rd quarter. FMR LLC now owns 47,163 shares of the company’s stock worth $1,796,000 after purchasing an additional 6,472 shares in the last quarter. Bridgewater Associates LP purchased a new stake in shares of Janus Henderson Group in the third quarter worth approximately $328,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of 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 valued at $40,463,000 after purchasing an additional 827,132 shares in the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.4 %

NYSE:JHG traded up $0.16 during trading hours on Tuesday, reaching $36.31. The company had a trading volume of 156,088 shares, compared to its average volume of 1,031,465. The business’s 50-day simple moving average is $41.07 and its two-hundred day simple moving average is $41.55. Janus Henderson Group has a twelve month low of $30.35 and a twelve month high of $46.68. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of 14.17, a P/E/G ratio of 0.66 and a beta of 1.49. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates 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 company posted $0.82 EPS. On average, equities analysts expect that Janus Henderson Group will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 11th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.30%. The ex-dividend date was Tuesday, February 11th. Janus Henderson Group’s payout ratio is currently 60.94%.

Wall Street Analyst Weigh In

JHG has been the subject of several recent research reports. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $45.00 to $50.00 in a research note on Monday, February 24th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $44.00 to $53.00 in a research report on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Finally, StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and a consensus target price of $47.38.

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.