Maverick Capital Ltd. Takes $515,000 Position in Janus International Group, Inc. $JBI

Maverick Capital Ltd. acquired a new position in Janus International Group, Inc. (NYSE:JBIFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 99,996 shares of the company’s stock, valued at approximately $515,000.

Several other institutional investors have also modified their holdings of the company. Clearstead Advisors LLC boosted its stake in Janus International Group by 130.0% during the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock valued at $35,000 after buying an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Janus International Group by 1,978.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after acquiring an additional 5,105 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Janus International Group by 771.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after acquiring an additional 6,399 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Janus International Group in the 4th quarter valued at about $71,000. Finally, New York State Teachers Retirement System bought a new position in shares of Janus International Group during the 4th quarter valued at about $81,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Stock Down 4.2%

Shares of Janus International Group stock opened at $5.14 on Thursday. The stock’s fifty day moving average is $5.29 and its 200-day moving average is $5.75. The firm has a market capitalization of $714.43 million, a PE ratio of 16.60 and a beta of 1.46. 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:JBIGet Free Report) last announced its 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). Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The company had revenue of $222.70 million for the quarter, compared to analysts’ expectations of $219.21 million. During the same period in the prior year, the company earned $0.13 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Equities analysts anticipate that Janus International Group, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analyst Weigh In

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

View Our Latest Report on JBI

Janus International Group 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.

See Also

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

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