Janus International Group, Inc. (NYSE:JBI) Shares Sold by UBS Group AG

UBS Group AG cut its stake in shares of Janus International Group, Inc. (NYSE:JBIFree Report) by 2.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 667,639 shares of the company’s stock after selling 18,270 shares during the period. UBS Group AG owned 0.45% of Janus International Group worth $8,713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parkside Financial Bank & Trust grew its stake in Janus International Group by 67.6% during the third quarter. Parkside Financial Bank & Trust now owns 4,326 shares of the company’s stock worth $46,000 after buying an additional 1,745 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in Janus International Group in the 4th quarter worth about $52,000. PEAK6 Investments LLC acquired a new stake in shares of Janus International Group in the third quarter valued at approximately $119,000. Quadrature Capital Ltd bought a new stake in shares of Janus International Group during the third quarter valued at approximately $145,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Janus International Group during the third quarter worth approximately $170,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on JBI. Jefferies Financial Group assumed coverage on shares of Janus International Group in a research report on Monday, April 15th. They issued a “buy” rating and a $20.00 target price for the company. Benchmark reiterated a “buy” rating and set a $21.00 price objective on shares of Janus International Group in a research note on Tuesday, May 14th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Janus International Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

Read Our Latest Report on Janus International Group

Janus International Group Stock Down 2.2 %

JBI stock opened at $13.57 on Tuesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.95 and a quick ratio of 2.63. The firm has a market cap of $1.98 billion, a PE ratio of 14.28 and a beta of 0.93. Janus International Group, Inc. has a 12 month low of $8.99 and a 12 month high of $15.86. The firm has a 50 day simple moving average of $14.41 and a 200 day simple moving average of $13.78.

Janus International Group (NYSE:JBIGet Free Report) last issued its earnings results on Thursday, May 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The business had revenue of $254.50 million for the quarter, compared to analysts’ expectations of $252.90 million. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 EPS. Equities research analysts forecast that Janus International Group, Inc. will post 1.03 earnings per share for the current fiscal year.

About Janus International Group

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Janus International Group (NYSE:JBI)

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