UBS Group AG Buys 125,552 Shares of Janus International Group, Inc. $JBI

UBS Group AG boosted its stake in Janus International Group, Inc. (NYSE:JBI) by 50.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 374,742 shares of the company’s stock after purchasing an additional 125,552 shares during the period. UBS Group AG owned about 0.27% of Janus International Group worth $2,451,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in Janus International Group by 18.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,930 shares of the company’s stock valued at $136,000 after purchasing an additional 2,171 shares in the last quarter. Swiss National Bank grew its holdings in shares of Janus International Group by 1.2% during the third quarter. Swiss National Bank now owns 271,300 shares of the company’s stock valued at $2,678,000 after buying an additional 3,100 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Janus International Group by 4.3% during the third quarter. Envestnet Asset Management Inc. now owns 77,540 shares of the company’s stock valued at $765,000 after buying an additional 3,200 shares during the last quarter. Mariner LLC increased its position in shares of Janus International Group by 9.0% during the third quarter. Mariner LLC now owns 39,902 shares of the company’s stock valued at $394,000 after acquiring an additional 3,307 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Janus International Group by 37.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,381 shares of the company’s stock worth $109,000 after acquiring an additional 3,637 shares during the last quarter. Institutional investors own 88.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on JBI. KeyCorp lowered their price objective on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a report on Friday, March 27th. Finally, UBS Group dropped their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $8.33.

Janus International Group Stock Up 2.3%

JBI stock opened at $5.32 on Wednesday. Janus International Group, Inc. has a fifty-two week low of $4.26 and a fifty-two week high of $10.80. The business’s 50-day moving average is $5.23 and its two-hundred day moving average is $6.12. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.19 and a current ratio of 2.65. The company has a market cap of $738.74 million, a price-to-earnings ratio of 17.16 and a beta of 1.49.

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