Schroder Investment Management Group Invests $26.10 Million in Janus International Group, Inc. (NYSE:JBI)

Schroder Investment Management Group bought a new position in shares of Janus International Group, Inc. (NYSE:JBIFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,000,215 shares of the company’s stock, valued at approximately $26,103,000. Schroder Investment Management Group owned 1.36% of Janus International Group at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in JBI. Wellington Management Group LLP bought a new position in shares of Janus International Group during the third quarter worth approximately $26,096,000. Allspring Global Investments Holdings LLC increased its stake in Janus International Group by 59.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,460,759 shares of the company’s stock valued at $71,263,000 after acquiring an additional 2,027,286 shares during the last quarter. Vanguard Group Inc. increased its stake in Janus International Group by 16.0% in the third quarter. Vanguard Group Inc. now owns 9,177,581 shares of the company’s stock valued at $98,200,000 after acquiring an additional 1,262,994 shares during the last quarter. Clearbridge Investments LLC increased its stake in Janus International Group by 967.7% in the third quarter. Clearbridge Investments LLC now owns 1,050,139 shares of the company’s stock valued at $11,236,000 after acquiring an additional 951,783 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its stake in shares of Janus International Group by 25.8% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 4,260,295 shares of the company’s stock worth $55,597,000 after buying an additional 873,130 shares during the last quarter. 88.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

JBI has been the topic of a number of research reports. Jefferies Financial Group initiated coverage on shares of Janus International Group in a research note on Monday, April 15th. They set a “buy” rating and a $20.00 target price on the stock. Benchmark reaffirmed a “buy” rating and set a $21.00 target price on shares of Janus International Group in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.30.

Check Out Our Latest Stock Analysis on JBI

Janus International Group Price Performance

Shares of NYSE:JBI opened at $13.28 on Tuesday. The firm has a market cap of $1.94 billion, a PE ratio of 13.98 and a beta of 0.93. The firm’s fifty day moving average is $14.21 and its 200-day moving average is $13.87. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95. Janus International Group, Inc. has a 52 week low of $9.16 and a 52 week high of $15.86.

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

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

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