SG Americas Securities LLC Buys 109,869 Shares of Janus International Group, Inc. $JBI

SG Americas Securities LLC raised its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 196.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 165,832 shares of the company’s stock after purchasing an additional 109,869 shares during the period. SG Americas Securities LLC owned 0.12% of Janus International Group worth $1,637,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Janus International Group by 23.6% in the 1st quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock worth $1,084,000 after buying an additional 28,709 shares during the period. AQR Capital Management LLC lifted its position in shares of Janus International Group by 66.4% in the first quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock valued at $1,963,000 after acquiring an additional 108,809 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Janus International Group in the first quarter worth about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Janus International Group by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock worth $2,014,000 after acquiring an additional 14,125 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Janus International Group by 118.1% during the first quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock worth $1,366,000 after purchasing an additional 102,679 shares in the last quarter. Institutional investors own 88.78% of the company’s stock.

Analysts Set New Price Targets

JBI has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Zacks Research raised shares of Janus International Group to a “hold” rating in a research note on Monday, December 15th. UBS Group reduced their price target on shares of Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a report on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $10.17.

Janus International Group Trading Up 2.5%

Shares of JBI opened at $7.07 on Friday. The company’s fifty day simple moving average is $6.48 and its 200-day simple moving average is $8.55. The company has a market cap of $980.76 million, a P/E ratio of 20.78 and a beta of 1.44. The company has a current ratio of 3.03, a quick ratio of 2.57 and a debt-to-equity ratio of 0.96. Janus International Group, Inc. has a twelve month low of $5.72 and a twelve month high of $10.80.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). Janus International Group had a net margin of 5.29% and a return on equity of 14.18%. The business had revenue of $219.30 million for the quarter, compared to analysts’ expectations of $225.72 million. During the same quarter in the previous year, the firm earned $0.11 EPS. Janus International Group’s revenue was down 4.7% compared to the same quarter last year. As a group, analysts expect that Janus International Group, Inc. will post 0.54 EPS for the current year.

Janus International Group Company Profile

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.