UBS Group AG Acquires 125,552 Shares of Janus International Group, Inc. $JBI

UBS Group AG lifted its stake in Janus International Group, Inc. (NYSE:JBI) by 50.4% in the 4th quarter, HoldingsChannel reports. The firm owned 374,742 shares of the company’s stock after acquiring an additional 125,552 shares during the period. UBS Group AG’s holdings in Janus International Group were worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Janus International Group by 23.6% during the first quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock valued at $1,084,000 after purchasing an additional 28,709 shares during the period. AQR Capital Management LLC raised its stake in shares of Janus International Group by 66.4% in the first quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock worth $1,963,000 after buying an additional 108,809 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Janus International Group during the 1st quarter valued at about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Janus International Group by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after buying an additional 14,125 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Janus International Group by 118.1% during the 1st quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after acquiring an additional 102,679 shares during the period. 88.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on JBI shares. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. KeyCorp dropped 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. UBS Group reduced their price objective 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, Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. One 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 stock. According to MarketBeat, Janus International Group presently has a consensus rating of “Hold” and a consensus price target of $8.33.

Janus International Group Trading Up 2.3%

JBI stock opened at $5.32 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.65 and a quick ratio of 2.19. Janus International Group, Inc. has a 1-year low of $4.26 and a 1-year high of $10.80. The business has a 50 day simple moving average of $5.23 and a two-hundred day simple moving average of $6.12. The company has a market capitalization of $738.74 million, a price-to-earnings ratio of 17.16 and a beta of 1.49.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share (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 the consensus estimate of $219.21 million. During the same quarter in the previous year, the business earned $0.13 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Research analysts anticipate 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.