612,900 Shares in Janus International Group, Inc. $JBI Bought by LSV Asset Management

LSV Asset Management acquired a new stake in shares of Janus International Group, Inc. (NYSE:JBI) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 612,900 shares of the company’s stock, valued at approximately $4,008,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JBI. Wasatch Advisors LP lifted its holdings in shares of Janus International Group by 37.5% during the third quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after acquiring an additional 1,435,777 shares during the period. Hillsdale Investment Management Inc. bought a new position in shares of Janus International Group during the third quarter valued at $6,813,000. Millennium Management LLC lifted its holdings in shares of Janus International Group by 1,606.2% during the third quarter. Millennium Management LLC now owns 693,962 shares of the company’s stock valued at $6,849,000 after acquiring an additional 653,290 shares during the period. Invesco Ltd. lifted its holdings in shares of Janus International Group by 35.8% during the second quarter. Invesco Ltd. now owns 2,296,001 shares of the company’s stock valued at $18,689,000 after acquiring an additional 605,262 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in shares of Janus International Group during the second quarter valued at $4,728,000. 88.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a report on Friday, March 27th. KeyCorp cut their price objective on Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. UBS Group cut their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Finally, Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Janus International Group currently has a consensus rating of “Hold” and an average price target of $8.33.

Janus International Group Stock Performance

Shares of NYSE:JBI opened at $5.32 on Wednesday. Janus International Group, Inc. has a twelve month low of $4.26 and a twelve month high of $10.80. The firm has a market cap of $738.74 million, a PE ratio of 17.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.19 and a current ratio of 2.65. The business has a fifty day moving average of $5.23 and a 200-day moving average of $6.12.

Janus International Group (NYSE:JBI) last announced its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $222.70 million during the quarter, compared to analyst estimates of $219.21 million. During the same quarter last year, the business posted $0.13 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts predict that Janus International Group, Inc. will post 0.5 EPS for the current fiscal year.

Janus International Group Profile

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.