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

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

Janus Henderson Group Stock Down 0.2 %

Shares of JHG stock traded down $0.10 on Monday, hitting $44.40. The company's stock had a trading volume of 1,008,047 shares, compared to its average volume of 1,025,903. 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 $7.06 billion, a price-to-earnings ratio of 17.59, a P/E/G ratio of 0.58 and a beta of 1.49. The firm's fifty day moving average price is $39.84 and its 200-day moving average price is $36.50. Janus Henderson Group has a fifty-two week low of $25.39 and a fifty-two week high of $45.67.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The company's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 earnings per share. Research analysts anticipate that Janus Henderson Group will post 3.43 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.51%. The ex-dividend date is Wednesday, November 27th. Janus Henderson Group's dividend payout ratio is 61.66%.

Analysts Set New Price Targets

A number of brokerages recently commented on JHG. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the stock a "neutral" rating in a report on Friday, August 2nd. The Goldman Sachs Group increased their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a "sell" rating in a research report on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of 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, Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an "in-line" rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of "Hold" and a consensus target price of $41.75.

Insider Activity at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 9,000 shares of the firm's stock in a transaction on Thursday, September 12th. The shares were 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 approximately $4,634,087.60. This trade represents a 6.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 19.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently modified their holdings of JHG. BNP Paribas Financial Markets raised its holdings in Janus Henderson Group by 5.1% in the first quarter. BNP Paribas Financial Markets now owns 15,908 shares of the company's stock worth $523,000 after purchasing an additional 777 shares during the period. Russell Investments Group Ltd. increased its position in Janus Henderson Group by 77.7% during the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company's stock worth $8,283,000 after buying an additional 110,136 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in Janus Henderson Group by 33.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company's stock valued at $4,052,000 after buying an additional 31,261 shares during the period. Vanguard Group Inc. lifted its position in shares of Janus Henderson Group by 0.5% in the first quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company's stock valued at $449,036,000 after buying an additional 71,753 shares during the last quarter. Finally, Seven Eight Capital LP acquired a new stake in shares of Janus Henderson Group in the first quarter valued at approximately $776,000. 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.