SG Americas Securities LLC Acquires 11,378 Shares of Janus International Group, Inc. $JBI

SG Americas Securities LLC grew its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 25.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 55,963 shares of the company’s stock after purchasing an additional 11,378 shares during the period. SG Americas Securities LLC’s holdings in Janus International Group were worth $456,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in Janus International Group by 70.4% during the first quarter. Envestnet Asset Management Inc. now owns 207,265 shares of the company’s stock valued at $1,492,000 after buying an additional 85,621 shares during the last quarter. CWM LLC increased its holdings in shares of Janus International Group by 571.1% during the first quarter. CWM LLC now owns 11,012 shares of the company’s stock valued at $79,000 after acquiring an additional 9,371 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Janus International Group in the 1st quarter worth about $255,000. Banque Cantonale Vaudoise bought a new position in Janus International Group in the 1st quarter worth about $173,000. Finally, Charles Schwab Investment Management Inc. grew its position in Janus International Group by 11.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,313,377 shares of the company’s stock valued at $9,456,000 after purchasing an additional 132,506 shares during the last quarter. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Janus International Group from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. Jefferies Financial Group upped their price objective on Janus International Group from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Wednesday, August 20th. UBS Group cut their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Weiss Ratings cut Janus International Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Finally, KeyCorp upped their price target on Janus International Group from $10.00 to $12.00 and gave the company an “overweight” rating in a report on Friday, August 8th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $10.17.

Janus International Group Trading Up 0.8%

NYSE:JBI opened at $6.23 on Friday. The company has a market cap of $864.88 million, a PE ratio of 18.32 and a beta of 1.34. The company has a current ratio of 3.03, a quick ratio of 2.57 and a debt-to-equity ratio of 0.96. The company has a 50 day simple moving average of $8.69 and a two-hundred day simple moving average of $8.94. Janus International Group, Inc. has a 12 month low of $5.72 and a 12 month high of $10.80.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Monday, March 28th. The company reported $0.24 earnings per share for the quarter. Janus International Group had a return on equity of 14.18% and a net margin of 5.29%.The firm had revenue of $148.59 million for the quarter. Research analysts forecast that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.