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

Janus Henderson Group plc (NYSE:JHG - Get Free Report) saw a large 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. Currently, 3.0% of the shares of the company are short sold. Based on an average daily volume of 994,200 shares, the days-to-cover ratio is presently 4.8 days.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently modified their holdings of JHG. Dimensional Fund Advisors LP boosted its position in Janus Henderson Group by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company's stock worth $272,741,000 after acquiring an additional 344,582 shares during the last quarter. Millennium Management LLC lifted its stake 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 worth $201,205,000 after purchasing an additional 1,809,249 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Janus Henderson Group by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,446,079 shares of the company's stock worth $169,262,000 after purchasing an additional 36,711 shares during the last quarter. Ariel Investments LLC grew its position in shares of Janus Henderson Group by 0.7% in the second quarter. Ariel Investments LLC now owns 2,256,434 shares of the company's stock valued at $76,064,000 after purchasing an additional 16,653 shares during the period. Finally, Geode Capital Management LLC increased its stake in Janus Henderson Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,124,618 shares of the company's stock valued at $80,907,000 after purchasing an additional 12,884 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. UBS Group upped 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. Wells Fargo & Company lifted their price target 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. Morgan Stanley upped their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an "equal weight" rating in a report on Friday, December 20th. Finally, The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the stock a "sell" rating in a report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $43.38.

Janus Henderson Group Price Performance

JHG stock traded down $0.13 on Wednesday, reaching $42.53. The company had a trading volume of 604,794 shares, compared to its average volume of 1,023,110. The company's fifty day moving average is $43.50 and its 200 day moving average is $38.92. The company has a market cap of $6.76 billion, a P/E ratio of 16.81, a PEG ratio of 0.62 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 $28.19 and a 1 year high of $45.74.

Janus Henderson Group (NYSE:JHG - Get Free Report) 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 business 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 business's revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. On average, research analysts forecast that Janus Henderson Group will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The company also recently declared 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 dividend yield of 3.67%. Janus Henderson Group's dividend payout ratio is currently 61.66%.

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.