Short Interest in Janus Henderson Group plc (NYSE:JHG) Expands By 29.5%

Janus Henderson Group plc (NYSE:JHG) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,351,932 shares, an increase of 29.5% from the January 29th total of 1,816,491 shares. Based on an average daily volume of 2,267,254 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.9% of the company’s stock are sold short. Approximately 1.9% of the company’s stock are sold short. Based on an average daily volume of 2,267,254 shares, the days-to-cover ratio is presently 1.0 days.

Insider Buying and Selling

In related news, CTO William B. Cassidy sold 16,947 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the sale, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. This represents a 12.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ali Dibadj sold 127,632 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the transaction, the chief executive officer owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 19.60% of the company’s stock.

Institutional Trading of Janus Henderson Group

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in Janus Henderson Group during the fourth quarter worth approximately $52,000. Sit Investment Associates Inc. grew its position in shares of Janus Henderson Group by 68.4% during the fourth quarter. Sit Investment Associates Inc. now owns 22,160 shares of the company’s stock worth $1,054,000 after acquiring an additional 9,000 shares during the last quarter. DGS Capital Management LLC increased its holdings in shares of Janus Henderson Group by 41.5% in the 4th quarter. DGS Capital Management LLC now owns 24,896 shares of the company’s stock valued at $1,184,000 after acquiring an additional 7,307 shares during the period. Kera Capital Partners Inc. increased its holdings in shares of Janus Henderson Group by 48.8% in the 4th quarter. Kera Capital Partners Inc. now owns 14,122 shares of the company’s stock valued at $680,000 after acquiring an additional 4,633 shares during the period. Finally, Virtu Financial LLC purchased a new stake in Janus Henderson Group in the 4th quarter valued at $242,000. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Down 0.4%

Shares of NYSE:JHG traded down $0.23 during trading on Wednesday, hitting $51.41. 2,093,404 shares of the company were exchanged, compared to its average volume of 3,181,779. The firm’s 50 day moving average price is $48.65 and its 200-day moving average price is $45.69. Janus Henderson Group has a 12-month low of $28.26 and a 12-month high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The stock has a market capitalization of $7.92 billion, a P/E ratio of 9.77, a PEG ratio of 1.48 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. During the same period last year, the business earned $1.07 EPS. Janus Henderson Group’s revenue for the quarter was up 61.3% compared to the same quarter last year. On average, research analysts predict that Janus Henderson Group will post 3.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

JHG has been the topic of a number of analyst reports. Evercore reduced their price target on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research report on Monday, December 22nd. Bank of America restated a “neutral” rating and set a $49.00 target price (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. TD Cowen downgraded 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 report on Tuesday, December 23rd. Finally, Morgan Stanley raised their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Moderate Buy” and an average price target of $47.38.

About Janus Henderson Group

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.