Teacher Retirement System of Texas Has $2.92 Million Stock Holdings in Janus International Group, Inc. $JBI

Teacher Retirement System of Texas lifted its stake in Janus International Group, Inc. (NYSE:JBI) by 1,632.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 358,104 shares of the company’s stock after purchasing an additional 337,439 shares during the quarter. Teacher Retirement System of Texas owned 0.26% of Janus International Group worth $2,915,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of JBI. American Century Companies Inc. lifted its stake in Janus International Group by 914.9% during the first quarter. American Century Companies Inc. now owns 3,633,684 shares of the company’s stock valued at $26,163,000 after buying an additional 3,275,656 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Janus International Group by 1.3% during the second quarter. DAVENPORT & Co LLC now owns 3,195,694 shares of the company’s stock valued at $26,109,000 after acquiring an additional 40,201 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Janus International Group by 5.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,145,119 shares of the company’s stock valued at $27,551,000 after acquiring an additional 174,891 shares in the last quarter. Boston Partners lifted its position in shares of Janus International Group by 1.1% in the 1st quarter. Boston Partners now owns 2,209,961 shares of the company’s stock valued at $15,511,000 after acquiring an additional 23,132 shares in the last quarter. Finally, Royce & Associates LP boosted its stake in Janus International Group by 14.0% in the 1st quarter. Royce & Associates LP now owns 2,127,169 shares of the company’s stock worth $15,316,000 after purchasing an additional 261,116 shares during the period. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

JBI opened at $9.59 on Friday. The stock has a fifty day moving average price of $10.06 and a 200 day moving average price of $8.99. The company has a current ratio of 2.61, a quick ratio of 2.26 and a debt-to-equity ratio of 1.00. Janus International Group, Inc. has a 1 year low of $5.99 and a 1 year high of $10.80. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 30.93 and a beta of 1.34.

Janus International Group (NYSE:JBI) last announced its quarterly earnings results on Monday, March 28th. The company reported $0.24 earnings per share (EPS) for the quarter. Janus International Group had a return on equity of 13.10% and a net margin of 4.85%.The business had revenue of $148.59 million during the quarter. Analysts forecast that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on JBI shares. Wall Street Zen raised shares of Janus International Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Janus International Group in a research report on Wednesday, October 8th. KeyCorp increased their price objective on Janus International Group from $10.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Jefferies Financial Group raised their price objective on Janus International Group from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Wednesday, August 20th. Finally, UBS Group upped their target price on Janus International Group from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Friday, August 8th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $10.67.

Janus International Group Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.