LSV Asset Management Invests $4.01 Million in Janus International Group, Inc. $JBI

LSV Asset Management acquired a new position in Janus International Group, Inc. (NYSE:JBI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 612,900 shares of the company’s stock, valued at approximately $4,008,000. LSV Asset Management owned about 0.44% of Janus International Group at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hillsdale Investment Management Inc. acquired a new stake in shares of Janus International Group in the third quarter worth $6,813,000. Anchor Capital Management Company LLC grew its stake in shares of Janus International Group by 55.4% in the third quarter. Anchor Capital Management Company LLC now owns 554,663 shares of the company’s stock worth $5,475,000 after acquiring an additional 197,740 shares during the last quarter. Wedge Capital Management L L P NC grew its stake in shares of Janus International Group by 60.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 409,282 shares of the company’s stock worth $2,677,000 after acquiring an additional 153,652 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of Janus International Group by 21.1% in the fourth quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock worth $8,988,000 after acquiring an additional 239,665 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of Janus International Group in the third quarter worth $745,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Analysts Set New Price Targets

JBI has been the topic of several research analyst reports. KeyCorp lowered their price objective on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. UBS Group lowered their price objective on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded shares of Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Janus International Group has an average rating of “Hold” and an average price target of $8.33.

Janus International Group Stock Up 2.3%

Shares of JBI stock opened at $5.32 on Wednesday. The stock has a market cap of $738.74 million, a P/E ratio of 17.16 and a beta of 1.49. Janus International Group, Inc. has a one year low of $4.26 and a one year high of $10.80. The stock has a fifty day moving average price of $5.23 and a 200 day moving average price of $6.12. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.65 and a quick ratio of 2.19.

Janus International Group (NYSE:JBI) last issued its earnings results on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.09). The firm had revenue of $222.70 million during the quarter, compared to the consensus estimate of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the business earned $0.13 earnings per share. Analysts predict that Janus International Group, Inc. will post 0.5 earnings per share for the current year.

Janus International Group 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.