Janus Henderson Group plc (NYSE:JHG) Short Interest Up 5.8% in December

Janus Henderson Group plc (NYSE:JHG) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 4,750,000 shares, a growth of 5.8% from the November 30th total of 4,490,000 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily volume of 994,200 shares, the days-to-cover ratio is currently 4.8 days.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on JHG shares. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. UBS Group increased their price target on Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Evercore ISI boosted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Finally, Wells Fargo & Company lifted their price objective on shares of Janus Henderson Group from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $43.38.

Janus Henderson Group Stock Up 1.3 %

Shares of JHG opened at $43.08 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 0.62 and a beta of 1.49. Janus Henderson Group has a 1 year low of $28.19 and a 1 year high of $45.74. The business’s 50 day simple moving average is $43.57 and its 200-day simple moving average is $38.95.

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

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $1.56 annualized dividend and a yield of 3.62%. Janus Henderson Group’s payout ratio is currently 61.66%.

Institutional Investors Weigh In On Janus Henderson Group

Several institutional investors have recently modified their holdings of the stock. Millennium Management LLC increased its position in shares of Janus Henderson Group by 43.5% during the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock valued at $201,205,000 after purchasing an additional 1,809,249 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Janus Henderson Group by 350.9% during 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 acquiring an additional 827,132 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Janus Henderson Group by 64.5% in the second quarter. AQR Capital Management LLC now owns 1,206,684 shares of the company’s stock valued at $40,677,000 after acquiring an additional 473,308 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Janus Henderson Group by 28.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,081,630 shares of the company’s stock worth $79,248,000 after acquiring an additional 467,049 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Janus Henderson Group by 4.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares during the period. 87.94% of the stock is owned by institutional investors.

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.