Janus Henderson Group plc (NYSE:JHG) Short Interest Update

Janus Henderson Group plc (NYSE:JHG) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,610,000 shares, a drop of 17.9% from the February 28th total of 3,180,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.7% of the company’s stock are short sold.

Analyst Ratings Changes

Several brokerages recently weighed in on JHG. UBS Group raised Janus Henderson Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $45.00 to $50.00 in a research note on Monday, February 24th. Bank of America raised shares of Janus Henderson Group from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $57.00 to $43.00 in a research report on Thursday. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. JPMorgan Chase & Co. raised shares of Janus Henderson Group from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $44.00 to $53.00 in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $43.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, February 3rd. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $46.89.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Quarry LP grew its holdings in Janus Henderson Group by 203.6% during the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock valued at $29,000 after buying an additional 509 shares in the last quarter. UMB Bank n.a. grew its position in Janus Henderson Group by 56.5% in the fourth quarter. UMB Bank n.a. now owns 787 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares in the last quarter. Richardson Financial Services Inc. increased its stake in Janus Henderson Group by 89.4% during the fourth quarter. Richardson Financial Services Inc. now owns 769 shares of the company’s stock worth $33,000 after acquiring an additional 363 shares during the last quarter. True Wealth Design LLC raised its position in Janus Henderson Group by 66.9% during the fourth quarter. True Wealth Design LLC now owns 1,020 shares of the company’s stock valued at $43,000 after purchasing an additional 409 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Janus Henderson Group by 33.9% in the 4th quarter. Larson Financial Group LLC now owns 1,137 shares of the company’s stock valued at $48,000 after purchasing an additional 288 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors.

Janus Henderson Group Stock Up 1.4 %

Shares of Janus Henderson Group stock opened at $36.83 on Thursday. The company has a 50-day simple moving average of $40.80 and a two-hundred day simple moving average of $41.52. The stock has a market capitalization of $5.80 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 0.66 and a beta of 1.43. Janus Henderson Group has a 52-week low of $30.35 and a 52-week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the business posted $0.82 EPS. On average, analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 11th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $1.56 annualized dividend and a yield of 4.24%. Janus Henderson Group’s payout ratio is presently 60.94%.

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.