Janus Henderson Group PLC (NYSE:JHG) saw a large drop in short interest in November. As of November 29th, there was short interest totalling 6,600,000 shares, a drop of 6.8% from the November 14th total of 7,080,000 shares. Based on an average daily volume of 1,190,000 shares, the short-interest ratio is presently 5.5 days. Currently, 4.3% of the company’s stock are short sold.
In related news, insider Seymour-Jackson Angela purchased 3,116 shares of Janus Henderson Group stock in a transaction on Friday, October 18th. The shares were bought at an average price of $41.72 per share, with a total value of $129,999.52. 2.08% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Skyline Asset Management LP raised its holdings in shares of Janus Henderson Group by 0.3% in the third quarter. Skyline Asset Management LP now owns 250,300 shares of the company’s stock worth $5,622,000 after acquiring an additional 700 shares during the last quarter. Bank of Montreal Can grew its position in shares of Janus Henderson Group by 15.6% in the second quarter. Bank of Montreal Can now owns 8,738 shares of the company’s stock valued at $188,000 after purchasing an additional 1,182 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Janus Henderson Group by 1.7% in the second quarter. Price T Rowe Associates Inc. MD now owns 135,721 shares of the company’s stock valued at $2,904,000 after purchasing an additional 2,221 shares during the period. Evoke Wealth LLC purchased a new stake in shares of Janus Henderson Group in the third quarter valued at $51,000. Finally, Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Janus Henderson Group by 12.8% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 21,280 shares of the company’s stock valued at $455,000 after purchasing an additional 2,420 shares during the period. 70.38% of the stock is owned by institutional investors.
Shares of JHG traded down $0.40 during mid-day trading on Friday, hitting $24.11. The company’s stock had a trading volume of 815,291 shares, compared to its average volume of 793,936. The company has a current ratio of 2.64, a quick ratio of 1.88 and a debt-to-equity ratio of 0.07. The firm has a 50-day simple moving average of $24.85 and a 200 day simple moving average of $22.27. The firm has a market capitalization of $4.60 billion, a P/E ratio of 10.21, a P/E/G ratio of 1.32 and a beta of 1.31. Janus Henderson Group has a 1-year low of $17.68 and a 1-year high of $25.83.
Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $536.00 million during the quarter, compared to analysts’ expectations of $533.94 million. Janus Henderson Group had a return on equity of 9.69% and a net margin of 19.63%. Janus Henderson Group’s revenue was down 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.69 earnings per share. As a group, sell-side analysts predict that Janus Henderson Group will post 2.44 EPS for the current fiscal year.
Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods lowered Janus Henderson Group from a “market perform” rating to an “underperform” rating and cut their target price for the stock from $21.00 to $19.50 in a research report on Friday, October 4th. Wells Fargo & Co lowered Janus Henderson Group from an “equal weight” rating to an “underweight” rating and set a $24.00 target price on the stock. in a research report on Thursday. Evercore ISI assumed coverage on Janus Henderson Group in a research report on Thursday, December 5th. They set a “hold” rating and a $26.00 target price on the stock. ValuEngine raised Janus Henderson Group from a “strong sell” rating to a “sell” rating in a research report on Saturday. Finally, Zacks Investment Research upgraded Janus Henderson Group from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research note on Wednesday, December 11th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Janus Henderson Group has a consensus rating of “Hold” and a consensus price target of $25.57.
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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