Y Intercept Hong Kong Ltd Invests $952,000 in Janus International Group, Inc. $JBI

Y Intercept Hong Kong Ltd purchased a new stake in Janus International Group, Inc. (NYSE:JBI) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 96,497 shares of the company’s stock, valued at approximately $952,000.

A number of other large investors also recently bought and sold shares of JBI. AlphaQuest LLC raised its stake in shares of Janus International Group by 28.4% during the 2nd quarter. AlphaQuest LLC now owns 6,536 shares of the company’s stock worth $53,000 after buying an additional 1,445 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in Janus International Group in the 3rd quarter valued at about $70,000. Russell Investments Group Ltd. grew its position in shares of Janus International Group by 771.0% in the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after purchasing an additional 6,399 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Janus International Group by 17.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 11,759 shares of the company’s stock valued at $106,000 after purchasing an additional 1,754 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Janus International Group by 37.3% during the second quarter. BNP Paribas Financial Markets now owns 13,381 shares of the company’s stock valued at $109,000 after acquiring an additional 3,637 shares during the period. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

Shares of JBI opened at $6.88 on Monday. The stock has a market capitalization of $954.39 million, a P/E ratio of 20.22 and a beta of 1.49. Janus International Group, Inc. has a 12-month low of $5.72 and a 12-month high of $10.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.03 and a quick ratio of 2.57. The firm’s 50 day moving average is $6.68 and its 200-day moving average is $8.41.

Janus International Group (NYSE:JBI) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.03). The company had revenue of $219.30 million during the quarter, compared to the consensus estimate of $225.72 million. Janus International Group had a net margin of 5.29% and a return on equity of 14.18%. Janus International Group’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 EPS. Equities research analysts anticipate that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

JBI has been the subject of several analyst reports. UBS Group decreased their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research report on Friday, November 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, December 29th. Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Zacks Research raised Janus International Group to a “hold” rating in a report on Monday, December 15th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $10.17.

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.