Janus Henderson Group plc (NYSE:JHG) Short Interest Up 73.2% in April

Janus Henderson Group plc (NYSE:JHG) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,450,000 shares, an increase of 73.2% from the March 31st total of 2,570,000 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average daily volume of 1,160,000 shares, the short-interest ratio is currently 3.8 days.

Wall Street Analysts Forecast Growth

JHG has been the subject of a number of recent research reports. The Goldman Sachs Group increased their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. Morgan Stanley increased their target price on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 17th. TD Cowen began coverage on Janus Henderson Group in a research note on Thursday, January 4th. They set a “market perform” rating and a $30.00 target price for the company. UBS Group increased their target price on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday, April 12th. Finally, JPMorgan Chase & Co. increased their target price on Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $28.83.

Janus Henderson Group Stock Performance

NYSE JHG opened at $31.68 on Friday. Janus Henderson Group has a 1-year low of $22.17 and a 1-year high of $33.25. The company has a market capitalization of $5.11 billion, a P/E ratio of 13.37, a PEG ratio of 1.50 and a beta of 1.53. The business has a 50 day moving average price of $31.73 and a 200 day moving average price of $28.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.76.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.26. The firm had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. Janus Henderson Group’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $0.61 EPS. Sell-side analysts expect that Janus Henderson Group will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.92%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is 65.82%.

Insider Activity

In related news, CFO Roger Mj Thompson sold 30,656 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now owns 126,439 shares in the company, valued at approximately $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Georgina Fogo sold 22,076 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the sale, the insider now owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Insiders have sold a total of 70,133 shares of company stock valued at $2,172,459 in the last quarter. Insiders own 19.60% of the company’s stock.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds have recently bought and sold shares of the stock. Hexagon Capital Partners LLC increased its position in Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after buying an additional 509 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares in the last quarter. Neo Ivy Capital Management purchased a new position in Janus Henderson Group during the third quarter worth $39,000. Headlands Technologies LLC acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth $52,000. Finally, Assetmark Inc. boosted its holdings in shares of Janus Henderson Group by 14.8% during the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $114,000 after purchasing an additional 567 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.