Thrivent Financial for Lutherans Has $70.15 Million Stock Position in Janus International Group, Inc. (NYSE:JBI)

Thrivent Financial for Lutherans cut its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 1.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,554,263 shares of the company’s stock after selling 79,545 shares during the period. Thrivent Financial for Lutherans owned about 3.80% of Janus International Group worth $70,150,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Entropy Technologies LP increased its holdings in Janus International Group by 4.5% in the 1st quarter. Entropy Technologies LP now owns 21,126 shares of the company’s stock worth $320,000 after purchasing an additional 901 shares in the last quarter. Sage Mountain Advisors LLC grew its holdings in shares of Janus International Group by 4.5% during the second quarter. Sage Mountain Advisors LLC now owns 23,200 shares of the company’s stock worth $293,000 after purchasing an additional 990 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of Janus International Group by 8.5% in the first quarter. ProShare Advisors LLC now owns 15,267 shares of the company’s stock valued at $231,000 after buying an additional 1,201 shares during the period. Amalgamated Bank raised its holdings 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 buying an additional 2,074 shares during the last quarter. Finally, Los Angeles Capital Management LLC raised its holdings in Janus International Group by 2.3% in the 1st quarter. Los Angeles Capital Management LLC now owns 101,029 shares of the company’s stock valued at $1,529,000 after buying an additional 2,260 shares during the last quarter. 88.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JBI. Wolfe Research lowered shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. Jefferies Financial Group reduced their price objective on shares of Janus International Group from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, September 10th. Benchmark lowered their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, August 9th. UBS Group cut their target price on Janus International Group from $14.50 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Finally, KeyCorp decreased their price target on Janus International Group from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $13.25.

Insiders Place Their Bets

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the transaction, the insider now directly owns 217,805 shares in the company, valued at approximately $3,267,075. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.94% of the stock is currently owned by corporate insiders.

Janus International Group Price Performance

Shares of NYSE JBI opened at $10.10 on Friday. The company has a market capitalization of $1.47 billion, a PE ratio of 10.63 and a beta of 0.89. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05. Janus International Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.86. The firm has a fifty day simple moving average of $11.66 and a 200 day simple moving average of $13.18.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.07). The business had revenue of $248.40 million during the quarter, compared to the consensus estimate of $287.42 million. Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. On average, sell-side analysts forecast that Janus International Group, Inc. will post 0.84 EPS for the current 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.