Villanova Investment Management Co LLC boosted its position in shares of Janus International Group, Inc. (NYSE:JBI – Free Report) by 71.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 243,665 shares of the company’s stock after buying an additional 101,695 shares during the quarter. Villanova Investment Management Co LLC owned approximately 0.18% of Janus International Group worth $1,594,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. ProShare Advisors LLC raised its position in shares of Janus International Group by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 24,793 shares of the company’s stock worth $162,000 after acquiring an additional 1,597 shares during the last quarter. LPL Financial LLC boosted its holdings in Janus International Group by 3.8% in the fourth quarter. LPL Financial LLC now owns 44,204 shares of the company’s stock valued at $289,000 after acquiring an additional 1,608 shares during the last quarter. State of Wyoming boosted its holdings in Janus International Group by 2.4% in the fourth quarter. State of Wyoming now owns 100,379 shares of the company’s stock valued at $656,000 after acquiring an additional 2,339 shares during the last quarter. Clearstead Advisors LLC increased its position in Janus International Group by 130.0% in the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after purchasing an additional 3,017 shares during the period. Finally, Swiss National Bank increased its position in Janus International Group by 1.2% in the third quarter. Swiss National Bank now owns 271,300 shares of the company’s stock worth $2,678,000 after purchasing an additional 3,100 shares during the period. 88.78% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
JBI has been the topic of a number of research reports. UBS Group cut their target price on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. KeyCorp lowered their price target on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.33.
Janus International Group Stock Up 4.8%
Shares of Janus International Group stock opened at $5.38 on Friday. The business has a fifty day simple moving average of $5.24 and a 200 day simple moving average of $6.01. The stock has a market cap of $747.76 million, a PE ratio of 17.37 and a beta of 1.48. The company has a quick ratio of 2.19, a current ratio of 2.65 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.
Janus International Group (NYSE:JBI – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.09). The company had revenue of $222.70 million during the quarter, compared to analyst estimates of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. Research analysts predict that Janus International Group, Inc. will post 0.5 EPS for the current 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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