Zurcher Kantonalbank Zurich Cantonalbank Has $285,000 Position in Janus International Group, Inc. (NYSE:JBI)

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 17.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,833 shares of the company’s stock after acquiring an additional 3,309 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Janus International Group were worth $285,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PEAK6 Investments LLC acquired a new position in Janus International Group in the third quarter valued at about $119,000. Wellington Management Group LLP acquired a new position in shares of Janus International Group in the 3rd quarter valued at $26,096,000. Legato Capital Management LLC increased its stake in shares of Janus International Group by 54.9% in the 4th quarter. Legato Capital Management LLC now owns 304,484 shares of the company’s stock valued at $3,974,000 after acquiring an additional 107,935 shares during the last quarter. DAVENPORT & Co LLC increased its stake in Janus International Group by 8.8% in the fourth quarter. DAVENPORT & Co LLC now owns 2,901,725 shares of the company’s stock valued at $38,012,000 after purchasing an additional 233,654 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Janus International Group by 902.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 666,746 shares of the company’s stock worth $7,134,000 after buying an additional 600,227 shares during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.

Insider Buying and Selling at Janus International Group

In other news, EVP Morgan Hodges sold 150,000 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the completion of the transaction, the executive vice president now directly owns 203,865 shares in the company, valued at approximately $3,110,979.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Ramey Pierce Jackson sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares of the company’s stock, valued at $8,614,422.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Morgan Hodges sold 150,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares in the company, valued at $3,110,979.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 340,000 shares of company stock worth $5,189,300. Insiders own 42.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JBI. Jefferies Financial Group initiated coverage on Janus International Group in a research report on Monday, April 15th. They issued a “buy” rating and a $20.00 price objective for the company. Benchmark cut their price target on shares of Janus International Group from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $16.30.

Janus International Group Stock Down 0.1 %

Shares of Janus International Group stock opened at $13.78 on Monday. The firm has a market cap of $2.02 billion, a PE ratio of 14.98 and a beta of 0.95. The business’s 50 day simple moving average is $14.68 and its 200 day simple moving average is $13.14. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.38 and a current ratio of 2.66. Janus International Group, Inc. has a 52-week low of $8.66 and a 52-week high of $15.86.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. The business had revenue of $263.70 million for the quarter, compared to the consensus estimate of $284.01 million. During the same period in the prior year, the business earned $0.22 earnings per share. Janus International Group’s revenue was down 5.7% compared to the same quarter last year. On average, analysts predict that Janus International Group, Inc. will post 1 earnings per share for the current fiscal year.

Janus International Group 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.