Barclays PLC Increases Position in Janus International Group, Inc. (NYSE:JBI)

Barclays PLC increased its holdings in Janus International Group, Inc. (NYSE:JBI) by 216.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 235,897 shares of the company’s stock after purchasing an additional 161,290 shares during the quarter. Barclays PLC owned 0.17% of Janus International Group worth $2,385,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Point72 Hong Kong Ltd purchased a new stake in shares of Janus International Group in the second quarter valued at approximately $60,000. Amalgamated Bank grew its stake in Janus International Group by 73.2% in the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock valued at $62,000 after acquiring an additional 2,074 shares during the period. Quarry LP increased its holdings in Janus International Group by 216.4% in the 2nd quarter. Quarry LP now owns 6,527 shares of the company’s stock worth $82,000 after acquiring an additional 4,464 shares in the last quarter. Holocene Advisors LP acquired a new position in Janus International Group during the third quarter worth $125,000. Finally, SkyView Investment Advisors LLC purchased a new position in Janus International Group during the second quarter valued at $126,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. UBS Group reduced their price target on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. KeyCorp lowered their price target on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group lowered Janus International Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $12.00 to $7.50 in a report on Monday, November 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.25.

Janus International Group Trading Down 0.1 %

Shares of Janus International Group stock opened at $7.57 on Thursday. Janus International Group, Inc. has a 1-year low of $6.68 and a 1-year high of $15.86. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39. The stock has a market cap of $1.07 billion, a P/E ratio of 10.51 and a beta of 0.91. The stock’s 50 day simple moving average is $7.88 and its 200-day simple moving average is $10.33.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The company had revenue of $230.10 million for the quarter, compared to analyst estimates of $248.21 million. During the same period last year, the firm posted $0.27 EPS. The business’s quarterly revenue was down 17.9% on a year-over-year basis. Analysts predict that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.

Janus International Group Company 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.