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 growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,450,000 shares, a growth of 73.2% from the March 31st total of 2,570,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.8% of the shares of the company are sold short.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $31.68 on Friday. Janus Henderson Group has a one year low of $22.17 and a one year high of $33.25. The stock has a fifty day moving average of $31.73 and a 200-day moving average of $28.88. The company has a market capitalization of $5.11 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 earnings per share. As a group, equities analysts anticipate that Janus Henderson Group will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.92%. Janus Henderson Group’s payout ratio is currently 65.82%.

Analysts Set New Price Targets

A number of brokerages have issued reports on JHG. 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 price target for the company. The Goldman Sachs Group increased their price target on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. StockNews.com raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Morgan Stanley increased their price target on Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $31.00 to $35.00 and gave the company a “neutral” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $28.83.

Insider Transactions at Janus Henderson Group

In related news, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at approximately $3,910,758.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brennan A. Hughes sold 1,812 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the transaction, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 70,133 shares of company stock worth $2,172,459. 19.60% of the stock is currently owned by company insiders.

Institutional Trading of Janus Henderson Group

A number of hedge funds have recently modified their holdings of the business. Louisiana State Employees Retirement System lifted its holdings in shares of Janus Henderson Group by 2.4% in the first quarter. Louisiana State Employees Retirement System now owns 38,100 shares of the company’s stock valued at $1,253,000 after purchasing an additional 900 shares in the last quarter. Confluence Wealth Services Inc. lifted its holdings in shares of Janus Henderson Group by 8.7% in the first quarter. Confluence Wealth Services Inc. now owns 26,386 shares of the company’s stock valued at $868,000 after purchasing an additional 2,103 shares in the last quarter. State of Michigan Retirement System lifted its holdings in shares of Janus Henderson Group by 2.2% in the first quarter. State of Michigan Retirement System now owns 32,513 shares of the company’s stock valued at $1,069,000 after purchasing an additional 700 shares in the last quarter. Janiczek Wealth Management LLC lifted its holdings in shares of Janus Henderson Group by 28.8% in the first quarter. Janiczek Wealth Management LLC now owns 8,362 shares of the company’s stock valued at $275,000 after purchasing an additional 1,872 shares in the last quarter. Finally, DGS Capital Management LLC raised its holdings in shares of Janus Henderson Group by 14.4% during the first quarter. DGS Capital Management LLC now owns 12,678 shares of the company’s stock worth $417,000 after acquiring an additional 1,598 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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.