Jane Street Group LLC Sells 90,986 Shares of Janus International Group, Inc. (NYSE:JBI)

Jane Street Group LLC decreased its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 55.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 73,756 shares of the company’s stock after selling 90,986 shares during the quarter. Jane Street Group LLC owned 0.05% of Janus International Group worth $746,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Wellington Management Group LLP boosted its stake in Janus International Group by 47.8% during the third quarter. Wellington Management Group LLP now owns 4,366,402 shares of the company’s stock worth $44,144,000 after buying an additional 1,411,802 shares in the last quarter. Victory Capital Management Inc. increased its stake in Janus International Group by 2,063.3% in the second quarter. Victory Capital Management Inc. now owns 1,339,287 shares of the company’s stock valued at $16,915,000 after acquiring an additional 1,277,377 shares during the period. Wasatch Advisors LP raised its position in Janus International Group by 30.0% in the third quarter. Wasatch Advisors LP now owns 4,690,089 shares of the company’s stock worth $47,417,000 after purchasing an additional 1,081,828 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Janus International Group by 403.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,075,180 shares of the company’s stock worth $10,870,000 after purchasing an additional 861,670 shares during the period. Finally, River Road Asset Management LLC acquired a new stake in Janus International Group during the third quarter valued at approximately $8,256,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on JBI shares. KeyCorp decreased 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. UBS Group reduced their target price on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded shares of Janus International Group from a “buy” rating to a “hold” rating and cut their price target for the company from $12.00 to $7.50 in a report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.25.

Janus International Group Stock Performance

Janus International Group stock opened at $7.39 on Friday. Janus International Group, Inc. has a 12-month low of $6.68 and a 12-month high of $15.86. The stock has a 50-day simple moving average of $7.56 and a 200 day simple moving average of $10.11. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 10.26 and a beta of 0.91.

Janus International Group (NYSE:JBI) last announced its earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) 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 quarter in the previous year, the company posted $0.27 earnings per share. Janus International Group’s revenue for the quarter was down 17.9% on a year-over-year basis. On average, research analysts anticipate that Janus International Group, Inc. will post 0.54 earnings per share 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.