RBF Capital LLC boosted its stake in shares of Janus International Group, Inc. (NYSE:JBI – Free Report) by 101.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,049,184 shares of the company’s stock after buying an additional 529,184 shares during the quarter. RBF Capital LLC’s holdings in Janus International Group were worth $6,862,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cooke & Bieler LP raised its holdings in Janus International Group by 12.7% during the 4th quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock valued at $50,661,000 after buying an additional 874,131 shares during the period. JPMorgan Chase & Co. increased its stake in Janus International Group by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 5,861,752 shares of the company’s stock worth $38,336,000 after purchasing an additional 92,804 shares during the period. Wasatch Advisors LP increased its stake in Janus International Group by 37.5% in the third quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock worth $51,940,000 after purchasing an additional 1,435,777 shares during the period. Ameriprise Financial Inc. increased its stake in Janus International Group by 10.2% in the second quarter. Ameriprise Financial Inc. now owns 4,103,573 shares of the company’s stock worth $33,402,000 after purchasing an additional 381,462 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Janus International Group by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,731,454 shares of the company’s stock worth $24,404,000 after purchasing an additional 76,460 shares during the period. Hedge funds and other institutional investors own 88.78% of the company’s stock.
Wall Street Analyst Weigh In
JBI has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. UBS Group reduced their target price 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. KeyCorp reduced their target price on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Finally, Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $8.33.
Janus International Group Stock Performance
Shares of Janus International Group stock opened at $5.31 on Wednesday. The firm has a market cap of $736.65 million, a P/E ratio of 17.11 and a beta of 1.48. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. Janus International Group, Inc. has a 12 month low of $4.26 and a 12 month high of $10.80. The stock’s fifty day moving average price is $5.23 and its 200-day moving average price is $6.02.
Janus International Group (NYSE:JBI – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.09). The firm 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 business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 EPS. On average, equities research analysts expect that Janus International Group, Inc. will post 0.5 earnings per share for the current fiscal year.
About Janus International Group
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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