Sanctuary Advisors LLC Boosts Stock Position in Janus International Group, Inc. $JBI

Sanctuary Advisors LLC grew its position in Janus International Group, Inc. (NYSE:JBI) by 902.4% during the first quarter, Holdings Channel reports. The firm owned 109,427 shares of the company’s stock after acquiring an additional 98,511 shares during the period. Sanctuary Advisors LLC’s holdings in Janus International Group were worth $564,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of JBI. Wedge Capital Management L L P NC raised its position in Janus International Group by 60.1% during the 4th quarter. Wedge Capital Management L L P NC now owns 409,282 shares of the company’s stock worth $2,677,000 after buying an additional 153,652 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of Janus International Group by 21.1% in the 4th quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock valued at $8,988,000 after acquiring an additional 239,665 shares during the last quarter. Villanova Investment Management Co LLC boosted its holdings in shares of Janus International Group by 71.6% in the 4th quarter. Villanova Investment Management Co LLC now owns 243,665 shares of the company’s stock valued at $1,594,000 after acquiring an additional 101,695 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Janus International Group in the first quarter worth $1,301,000. Finally, Comerica Bank increased its stake in shares of Janus International Group by 107.0% in the fourth quarter. Comerica Bank now owns 232,336 shares of the company’s stock worth $1,519,000 after acquiring an additional 120,108 shares during the period. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JBI has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a report on Wednesday, June 24th. UBS Group lowered their price target on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One equities research 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 stock has an average rating of “Hold” and an average target price of $8.33.

Janus International Group Stock Up 1.2%

Shares of JBI stock opened at $5.36 on Tuesday. Janus International Group, Inc. has a twelve month low of $4.26 and a twelve month high of $10.80. The stock has a market cap of $743.60 million, a P/E ratio of 17.27 and a beta of 1.46. The stock has a 50 day moving average of $5.28 and a 200 day moving average of $5.78. 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 (NYSE:JBI) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 EPS 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 analysts’ expectations of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 EPS. As a group, sell-side analysts expect 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.