Bernzott Capital Advisors raised its holdings in Janus International Group, Inc. (NYSE:JBI – Free Report) by 26.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,076,690 shares of the company’s stock after buying an additional 223,270 shares during the quarter. Janus International Group accounts for approximately 2.7% of Bernzott Capital Advisors’ holdings, making the stock its 25th biggest holding. Bernzott Capital Advisors’ holdings in Janus International Group were worth $5,545,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Isthmus Partners LLC increased its stake in Janus International Group by 7.2% in the first quarter. Isthmus Partners LLC now owns 443,001 shares of the company’s stock valued at $2,281,000 after acquiring an additional 29,708 shares during the period. Inspire Investing LLC lifted its stake in Janus International Group by 40.8% during the first quarter. Inspire Investing LLC now owns 100,226 shares of the company’s stock worth $516,000 after purchasing an additional 29,035 shares during the period. Janney Montgomery Scott LLC bought a new position in Janus International Group during the first quarter worth about $290,000. Villanova Investment Management Co LLC boosted its holdings in Janus International Group by 71.6% during the fourth quarter. Villanova Investment Management Co LLC now owns 243,665 shares of the company’s stock valued at $1,594,000 after purchasing an additional 101,695 shares in the last quarter. Finally, River Road Asset Management LLC boosted its holdings in Janus International Group by 2.1% during the fourth quarter. River Road Asset Management LLC now owns 4,567,960 shares of the company’s stock valued at $29,874,000 after purchasing an additional 95,032 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.
Janus International Group Stock Performance
NYSE JBI opened at $5.17 on Friday. Janus International Group, Inc. has a 1-year low of $4.26 and a 1-year high of $10.80. The company has a 50 day moving average of $5.22 and a 200-day moving average of $5.89. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. The firm has a market cap of $717.21 million, a price-to-earnings ratio of 16.66 and a beta of 1.46.
Analyst Ratings Changes
JBI has been the topic of several analyst reports. UBS Group lowered their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $8.33.
Read Our Latest Stock Analysis on JBI
Janus International Group Profile
Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.
Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.
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