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

Janus Henderson Group plc (NYSE:JHG) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,929,266 shares, a decrease of 18.0% from the February 12th total of 2,351,932 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 4,178,861 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 4,178,861 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.6% of the shares of the company are sold short.

Insider Activity

In other news, CTO William B. Cassidy sold 16,947 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the transaction, the chief technology officer directly owned 118,939 shares in the company, valued at $6,216,941.53. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at $22,058,711.36. This represents a 22.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,229 shares of company stock valued at $7,239,650 over the last 90 days. 20.40% of the stock is currently owned by company insiders.

Institutional Trading of Janus Henderson Group

Hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH boosted its stake in Janus Henderson Group by 5.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,767,657 shares of the company’s stock worth $78,678,000 after purchasing an additional 94,771 shares during the period. Fisher Asset Management LLC grew its holdings in shares of Janus Henderson Group by 17.4% during the third quarter. Fisher Asset Management LLC now owns 1,807,154 shares of the company’s stock worth $80,436,000 after buying an additional 268,483 shares in the last quarter. Norges Bank acquired a new stake in Janus Henderson Group in the 2nd quarter valued at approximately $86,180,000. Park Avenue Securities LLC lifted its stake in Janus Henderson Group by 101.0% in the 3rd quarter. Park Avenue Securities LLC now owns 50,890 shares of the company’s stock valued at $2,265,000 after acquiring an additional 25,570 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Janus Henderson Group by 67.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 403,045 shares of the company’s stock worth $17,940,000 after acquiring an additional 162,920 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on JHG. Bank of America reissued a “neutral” rating and issued a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Finally, TD Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a research note on Tuesday, December 23rd. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.38.

Janus Henderson Group Stock Up 0.4%

Janus Henderson Group stock opened at $51.64 on Wednesday. The firm has a market capitalization of $7.96 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 1.44 and a beta of 1.53. The company’s 50 day simple moving average is $49.22 and its 200 day simple moving average is $46.17. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. Janus Henderson Group has a fifty-two week low of $28.26 and a fifty-two week high of $53.76.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.19 by $0.82. The firm had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business’s quarterly revenue was up 61.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 earnings per share. As a group, sell-side analysts anticipate that Janus Henderson Group will post 3.75 EPS for the current year.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.