Short Interest in Janus Henderson Group plc (NYSE:JHG) Drops By 6.4%

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

Janus Henderson Group Price Performance

JHG stock opened at $44.40 on Tuesday. The firm has a market cap of $7.06 billion, a P/E ratio of 17.55, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. 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 has a 1 year low of $25.39 and a 1 year high of $45.67. The stock has a 50-day simple moving average of $40.01 and a 200-day simple moving average of $36.59.

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

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend 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 presently 61.66%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. TD Cowen upped their price objective on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, November 1st. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. UBS Group raised their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. increased their price target on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley upped their price objective on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus price target of $41.75.

Insider Buying and Selling

In other news, CFO Roger Mj Thompson sold 9,000 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of JHG. Quarry LP increased its holdings in Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after purchasing an additional 509 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of Janus Henderson Group in the 2nd quarter worth about $34,000. Larson Financial Group LLC increased its position in shares of Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock worth $42,000 after purchasing an additional 1,000 shares during the last quarter. Huntington National Bank raised its stake in shares of Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. Finally, Abich Financial Wealth Management LLC lifted its position in shares of Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.