Dark Forest Capital Management LP Has $186,000 Holdings in Janus International Group, Inc. (NYSE:JBI)

Dark Forest Capital Management LP lowered its position in Janus International Group, Inc. (NYSE:JBI) by 52.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,711 shares of the company’s stock after selling 15,987 shares during the period. Dark Forest Capital Management LP’s holdings in Janus International Group were worth $186,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Deerfield Management Company L.P. Series C grew its stake in shares of Janus International Group by 41.2% during the 2nd quarter. Deerfield Management Company L.P. Series C now owns 26,179 shares of the company’s stock worth $331,000 after acquiring an additional 7,640 shares in the last quarter. Anchor Capital Management Company LLC bought a new position in Janus International Group during the second quarter worth about $9,157,000. AQR Capital Management LLC increased its holdings in shares of Janus International Group by 68.0% during the 2nd quarter. AQR Capital Management LLC now owns 104,449 shares of the company’s stock worth $1,319,000 after acquiring an additional 42,294 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Janus International Group during the 2nd quarter worth about $60,000. Finally, Squarepoint Ops LLC increased its stake in shares of Janus International Group by 2,140.7% during the second quarter. Squarepoint Ops LLC now owns 414,768 shares of the company’s stock worth $5,239,000 after purchasing an additional 396,257 shares during the period. 88.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Janus International Group Stock Down 1.6 %

Janus International Group stock opened at $10.11 on Tuesday. The firm has a 50 day moving average price of $11.25 and a 200-day moving average price of $12.96. Janus International Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.86. The company has a market capitalization of $1.48 billion, a P/E ratio of 10.64 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 (NYSE:JBI) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.07). Janus International Group had a net margin of 12.52% and a return on equity of 26.03%. The firm had revenue of $248.40 million for the quarter, compared to analysts’ expectations of $287.42 million. As a group, equities analysts predict that Janus International Group, Inc. will post 0.84 EPS for the current year.

Insider Activity at Janus International Group

In other news, insider Peter Frayser sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the transaction, the insider now owns 217,805 shares in the company, valued at approximately $3,267,075. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.94% of the stock is owned by company insiders.

Janus International Group 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.