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

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

Institutional Trading of Janus Henderson Group

Several institutional investors and hedge funds have recently made changes to their positions in JHG. Millennium Management LLC grew its holdings in Janus Henderson Group by 20.3% during the 3rd quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after acquiring an additional 1,154,481 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Janus Henderson Group by 3.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock worth $198,162,000 after purchasing an additional 155,947 shares during the period. AQR Capital Management LLC boosted its stake in shares of Janus Henderson Group by 29.7% during the third quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock valued at $213,649,000 after purchasing an additional 1,099,858 shares in the last quarter. State Street Corp increased its holdings in Janus Henderson Group by 0.6% during the second quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after buying an additional 28,114 shares during the period. Finally, Norges Bank purchased a new position in Janus Henderson Group during the second quarter valued at approximately $86,180,000. 87.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Morgan Stanley increased their target price 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 Wednesday, December 17th. Bank of America reiterated a “neutral” rating and set a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Evercore ISI decreased their price objective on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research report on Tuesday, December 23rd. Finally, Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $47.67.

Janus Henderson Group Trading Down 0.1%

JHG stock traded down $0.04 during mid-day trading on Friday, reaching $47.85. The company had a trading volume of 1,262,128 shares, compared to its average volume of 2,143,030. The company has a market capitalization of $7.39 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 0.75 and a beta of 1.54. The firm has a 50 day moving average of $45.53 and a 200 day moving average of $44.06. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $49.42. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.02 and a quick ratio of 2.15.

Janus Henderson Group (NYSE:JHG) last announced its quarterly 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. The firm had revenue of $700.40 million during the quarter, compared to analyst estimates of $695.57 million. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.Janus Henderson Group’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. On average, equities analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

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

About Janus Henderson Group

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.