Villanova Investment Management Co LLC lifted its position in shares of Janus International Group, Inc. (NYSE:JBI – Free Report) by 71.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,665 shares of the company’s stock after purchasing an additional 101,695 shares during the quarter. Villanova Investment Management Co LLC’s holdings in Janus International Group were worth $1,594,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in JBI. Clearstead Advisors LLC increased its position in shares of Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock valued at $35,000 after buying an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after acquiring an additional 5,105 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Janus International Group by 771.0% during the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock worth $59,000 after acquiring an additional 6,399 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Janus International Group in the fourth quarter valued at about $71,000. Finally, New York State Teachers Retirement System acquired a new position in Janus International Group in the fourth quarter valued at about $81,000. Institutional investors and hedge funds own 88.78% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. KeyCorp lowered their price target on Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group decreased their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.33.
Janus International Group Trading Up 4.8%
Shares of NYSE:JBI opened at $5.38 on Friday. The firm has a market cap of $747.76 million, a price-to-earnings ratio of 17.37 and a beta of 1.48. Janus International Group, Inc. has a 12 month low of $4.26 and a 12 month high of $10.80. The company’s fifty day simple moving average is $5.24 and its 200 day simple moving average is $6.01. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96.
Janus International Group (NYSE:JBI – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The company had revenue of $222.70 million during the quarter, compared to analyst estimates of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.Janus International Group’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. As a group, research analysts forecast that Janus International Group, Inc. will post 0.5 EPS for the current fiscal 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.
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