Janus Henderson Group PLC (NYSE:JHG) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 8,366,700 shares, a growth of 11.4% from the May 30th total of 7,509,100 shares. Currently, 5.1% of the shares of the stock are short sold. Based on an average daily volume of 1,530,000 shares, the short-interest ratio is presently 5.5 days.
A number of research analysts have commented on JHG shares. Macquarie cut Janus Henderson Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 2nd. ValuEngine downgraded shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Tuesday, April 9th. JPMorgan Chase & Co. set a €53.00 ($61.63) target price on shares of Kion Group and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Goldman Sachs Group upgraded shares of Puxin from a “neutral” rating to a “buy” rating and increased their target price for the stock from $51.00 to $56.00 in a research note on Friday, May 3rd. Finally, Zacks Investment Research upgraded shares of SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Friday, July 5th. Four investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $26.16.
NYSE:JHG traded down $0.19 during mid-day trading on Monday, reaching $22.84. The stock had a trading volume of 1,042,721 shares, compared to its average volume of 1,273,005. The company has a quick ratio of 1.94, a current ratio of 2.74 and a debt-to-equity ratio of 0.07. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 8.34, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24. Janus Henderson Group has a twelve month low of $19.00 and a twelve month high of $33.04. The firm’s 50 day moving average price is $21.53.
Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.56 EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.03). Janus Henderson Group had a net margin of 20.23% and a return on equity of 10.47%. The firm had revenue of $519.30 million during the quarter, compared to analyst estimates of $524.37 million. During the same quarter in the previous year, the business earned $0.71 EPS. Janus Henderson Group’s revenue for the quarter was down 11.6% on a year-over-year basis. On average, equities research analysts forecast that Janus Henderson Group will post 2.53 earnings per share for the current year.
Hedge funds have recently bought and sold shares of the company. Valeo Financial Advisors LLC acquired a new stake in shares of Janus Henderson Group during the 1st quarter valued at approximately $34,000. Paragon Capital Management LLC acquired a new stake in shares of Janus Henderson Group during the 1st quarter valued at approximately $74,000. Greenleaf Trust acquired a new stake in shares of Janus Henderson Group during the 1st quarter valued at approximately $204,000. Commerce Bank acquired a new stake in shares of Janus Henderson Group during the 1st quarter valued at approximately $212,000. Finally, Allstate Corp acquired a new stake in shares of Janus Henderson Group during the 1st quarter valued at approximately $217,000. Institutional investors own 61.94% of the company’s stock.
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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