Janus Henderson Group PLC (NYSE:JHG) Sees Large Decrease in Short Interest

Janus Henderson Group PLC (NYSE:JHG) saw a significant decline in short interest in July. As of July 31st, there was short interest totalling 7,144,600 shares, a decline of 8.8% from the June 30th total of 7,833,300 shares. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is presently 5.1 days. Currently, 4.4% of the company’s stock are short sold.

Several analysts recently issued reports on JHG shares. Jefferies Financial Group lowered Janus Henderson Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $36.56 to $35.11 in a report on Monday, July 22nd. Zacks Investment Research lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Macquarie lowered Janus Henderson Group from an “outperform” rating to a “neutral” rating in a report on Thursday, May 2nd. TheStreet upgraded Janus Henderson Group from a “d+” rating to a “c-” rating in a report on Thursday, April 18th. Finally, Citigroup dropped their target price on Janus Henderson Group from $25.50 to $23.55 and set a “neutral” rating on the stock in a report on Tuesday, July 9th. Four research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Janus Henderson Group currently has an average rating of “Hold” and an average target price of $26.85.

JHG traded up $0.38 on Friday, hitting $18.16. 797,900 shares of the company were exchanged, compared to its average volume of 1,279,863. Janus Henderson Group has a 12 month low of $17.68 and a 12 month high of $28.87. The company has a market cap of $3.54 billion, a PE ratio of 6.63, a PEG ratio of 1.37 and a beta of 1.22. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.05 and a current ratio of 2.93. The stock’s fifty day moving average is $21.24 and its 200-day moving average is $22.77.



Janus Henderson Group (NYSE:JHG) last released its earnings results on Wednesday, July 31st. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.05). Janus Henderson Group had a return on equity of 9.97% and a net margin of 19.32%. The company had revenue of $525.90 million for the quarter, compared to the consensus estimate of $539.37 million. During the same quarter in the previous year, the company posted $0.74 EPS. The business’s revenue was down 11.2% on a year-over-year basis. As a group, equities research analysts expect that Janus Henderson Group will post 2.44 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date is Friday, August 9th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 52.55%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Valeo Financial Advisors LLC acquired a new position in Janus Henderson Group during the first quarter worth approximately $34,000. Nomura Asset Management Co. Ltd. acquired a new position in Janus Henderson Group during the second quarter worth approximately $55,000. Assetmark Inc. increased its position in Janus Henderson Group by 73.3% during the second quarter. Assetmark Inc. now owns 7,952 shares of the company’s stock worth $170,000 after buying an additional 3,363 shares during the last quarter. Greenleaf Trust acquired a new position in Janus Henderson Group during the first quarter worth approximately $204,000. Finally, Commerce Bank acquired a new position in shares of Janus Henderson Group in the first quarter valued at approximately $212,000. 63.31% of the stock is currently owned by hedge funds and other institutional investors.

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.

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