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

Janus Henderson Group plc (NYSE:JHG - Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,320,000 shares, a drop of 32.1% from the May 15th total of 4,890,000 shares. Approximately 2.1% of the company's shares are short sold. Based on an average daily trading volume, of 1,590,000 shares, the short-interest ratio is presently 2.1 days.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $36.97 on Tuesday. The business has a fifty day simple moving average of $35.06 and a 200 day simple moving average of $39.02. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.66 and a beta of 1.42. Janus Henderson Group has a one year low of $28.26 and a one year high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. The business had revenue of $621.40 million during the quarter, compared to analyst estimates of $623.56 million. During the same period in the prior year, the company posted $0.71 earnings per share. Janus Henderson Group's revenue was up 12.6% on a year-over-year basis. Sell-side analysts expect that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.33%. This is a boost from Janus Henderson Group's previous quarterly dividend of $0.39. Janus Henderson Group's payout ratio is 63.49%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Van ECK Associates Corp grew its holdings in shares of Janus Henderson Group by 35.2% during the fourth quarter. Van ECK Associates Corp now owns 102,248 shares of the company's stock worth $4,348,000 after purchasing an additional 26,603 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Janus Henderson Group by 3.0% during the fourth quarter. Principal Securities Inc. now owns 20,736 shares of the company's stock worth $882,000 after purchasing an additional 609 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Janus Henderson Group by 110.2% during the fourth quarter. Truist Financial Corp now owns 5,426 shares of the company's stock worth $231,000 after purchasing an additional 2,845 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Janus Henderson Group by 24.8% during the fourth quarter. Venturi Wealth Management LLC now owns 4,577 shares of the company's stock worth $195,000 after purchasing an additional 911 shares during the last quarter. Finally, Kestra Investment Management LLC grew its holdings in shares of Janus Henderson Group by 29.6% during the fourth quarter. Kestra Investment Management LLC now owns 14,322 shares of the company's stock worth $609,000 after purchasing an additional 3,269 shares during the last quarter. Institutional investors own 87.94% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on JHG shares. Wall Street Zen lowered shares of Janus Henderson Group from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Evercore ISI increased their price objective on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an "in-line" rating in a research report on Friday, May 2nd. UBS Group raised shares of Janus Henderson Group from a "neutral" rating to a "buy" rating and increased their price objective for the company from $45.00 to $50.00 in a research report on Monday, February 24th. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $32.00 to $33.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Janus Henderson Group from $46.00 to $36.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $42.78.

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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