Atria Investments Inc Has $140,000 Stake in Janus International Group, Inc. (NYSE:JBI)

Atria Investments Inc increased its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 13.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,889 shares of the company’s stock after purchasing an additional 1,643 shares during the quarter. Atria Investments Inc’s holdings in Janus International Group were worth $140,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JBI. ProShare Advisors LLC lifted its stake in 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 acquiring an additional 1,201 shares during the last quarter. Vanguard Group Inc. lifted its stake in Janus International Group by 15.6% in the first quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company’s stock valued at $203,554,000 after acquiring an additional 1,817,144 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in Janus International Group in the first quarter valued at $384,000. Price T Rowe Associates Inc. MD lifted its stake in Janus International Group by 13.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 24,278 shares of the company’s stock valued at $368,000 after acquiring an additional 2,799 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC acquired a new stake in Janus International Group in the first quarter valued at $44,026,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Price Performance

NYSE:JBI opened at $7.41 on Monday. Janus International Group, Inc. has a 52 week low of $6.68 and a 52 week high of $15.86. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 10.29 and a beta of 0.92. The firm’s 50-day simple moving average is $9.00 and its 200 day simple moving average is $11.34. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 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 business had revenue of $230.10 million for the quarter, compared to the consensus estimate of $248.21 million. During the same period in the prior year, the business posted $0.27 earnings per share. Janus International Group’s revenue was down 17.9% compared to the same quarter last year. As a group, sell-side analysts predict that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Benchmark cut their price target on shares of Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Wolfe Research cut shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. KeyCorp cut their target price on shares of Janus International Group from $13.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. Jefferies Financial Group cut shares of Janus International Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. Finally, UBS Group cut their target price on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Janus International Group currently has an average rating of “Hold” and an average price target of $10.25.

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.