First Trust Advisors LP Has $2.14 Million Stock Position in Janus International Group, Inc. $JBI

First Trust Advisors LP lifted its stake in shares of Janus International Group, Inc. (NYSE:JBIFree Report) by 155.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 415,351 shares of the company’s stock after purchasing an additional 252,972 shares during the quarter. First Trust Advisors LP owned about 0.30% of Janus International Group worth $2,139,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Eagle Investment Management LLC grew its stake in Janus International Group by 21.1% in the fourth quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock valued at $8,988,000 after acquiring an additional 239,665 shares during the period. Villanova Investment Management Co LLC increased its holdings in shares of 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 acquiring an additional 101,695 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Janus International Group by 12.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,205,659 shares of the company’s stock worth $21,657,000 after purchasing an additional 474,205 shares during the period. Fifth Third Bancorp bought a new position in shares of Janus International Group in the 1st quarter worth $1,301,000. Finally, Bernzott Capital Advisors lifted its holdings in shares of Janus International Group by 26.2% in the 1st quarter. Bernzott Capital Advisors now owns 1,076,690 shares of the company’s stock worth $5,545,000 after purchasing an additional 223,270 shares in the last quarter. 88.78% of the stock is owned by institutional investors.

Janus International Group Stock Performance

Shares of Janus International Group stock opened at $5.54 on Friday. Janus International Group, Inc. has a 52 week low of $4.26 and a 52 week high of $10.80. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96. The business has a 50 day moving average price of $5.31 and a 200-day moving average price of $5.68. The company has a market cap of $769.98 million, a PE ratio of 17.89 and a beta of 1.47.

Janus International Group (NYSE:JBIGet Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.09). The company had revenue of $222.70 million for the quarter, compared to analysts’ expectations of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. Equities analysts anticipate that Janus International Group, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on JBI shares. Wall Street Zen downgraded shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research note on Wednesday, June 24th. Finally, UBS Group reduced their price objective on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.33.

Read Our Latest Report on JBI

Janus International Group Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Janus International Group (NYSE:JBI)

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