DekaBank Deutsche Girozentrale Raises Stake in Janus International Group, Inc. (NYSE:JBI)

DekaBank Deutsche Girozentrale boosted its holdings in Janus International Group, Inc. (NYSE:JBI) by 16.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,101 shares of the company’s stock after acquiring an additional 2,572 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Janus International Group were worth $237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Management Professionals Inc. bought a new stake in shares of Janus International Group in the 3rd quarter worth approximately $28,000. Parkside Financial Bank & Trust bought a new stake in Janus International Group in the second quarter worth $28,000. Ensign Peak Advisors Inc purchased a new stake in shares of Janus International Group in the third quarter worth $30,000. Comerica Bank bought a new position in shares of Janus International Group during the third quarter valued at $35,000. Finally, Gyon Technologies Capital Management LP bought a new position in shares of Janus International Group during the fourth quarter valued at $35,000. Institutional investors own 88.78% of the company’s stock.

Insider Buying and Selling

In other Janus International Group news, CEO Ramey Pierce Jackson sold 77,774 shares of the business’s stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $13.50, for a total value of $1,049,949.00. Following the sale, the chief executive officer now owns 664,510 shares in the company, valued at approximately $8,970,885. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Janus International Group news, CEO Ramey Pierce Jackson sold 77,774 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $13.50, for a total transaction of $1,049,949.00. Following the completion of the transaction, the chief executive officer now owns 664,510 shares in the company, valued at approximately $8,970,885. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Morgan Hodges sold 150,000 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares of the company’s stock, valued at $3,110,979.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 417,774 shares of company stock worth $6,239,249. 42.90% of the stock is owned by insiders.

Janus International Group Trading Up 4.0 %

Shares of JBI stock opened at $14.93 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.38 and a current ratio of 2.66. The stock has a fifty day simple moving average of $14.81 and a two-hundred day simple moving average of $12.76. The firm has a market capitalization of $2.19 billion, a PE ratio of 16.22 and a beta of 0.94. 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 earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01). Janus International Group had a net margin of 12.73% and a return on equity of 30.00%. The business had revenue of $263.70 million for the quarter, compared to the consensus estimate of $284.01 million. During the same period last year, the business posted $0.22 EPS. The firm’s revenue for the quarter was down 5.7% compared to the same quarter last year. On average, analysts predict that Janus International Group, Inc. will post 1.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on JBI shares. 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 report on Friday, March 1st. TheStreet raised Janus International Group from a “c+” rating to a “b-” rating in a research report on Thursday, January 4th. Finally, Jefferies Financial Group began coverage on shares of Janus International Group in a report on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.30.

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.