Sanctuary Advisors LLC Purchases 98,511 Shares of Janus International Group, Inc. $JBI

Sanctuary Advisors LLC raised its position in shares of Janus International Group, Inc. (NYSE:JBI) by 902.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 109,427 shares of the company’s stock after purchasing an additional 98,511 shares during the period. Sanctuary Advisors LLC owned about 0.08% of Janus International Group worth $564,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Ophir Asset Management Pty Ltd purchased a new stake in shares of Janus International Group in the 4th quarter worth approximately $22,753,000. Wasatch Advisors LP grew its position in shares of Janus International Group by 37.5% in the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock worth $51,940,000 after buying an additional 1,435,777 shares during the last quarter. Cooke & Bieler LP raised its stake in shares of Janus International Group by 12.7% during the 4th quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock worth $50,661,000 after acquiring an additional 874,131 shares in the last quarter. Public Sector Pension Investment Board bought a new position in shares of Janus International Group during the 4th quarter worth approximately $4,530,000. Finally, Anchor Capital Management Company LLC lifted its position in Janus International Group by 118.0% during the fourth quarter. Anchor Capital Management Company LLC now owns 1,209,226 shares of the company’s stock valued at $7,908,000 after acquiring an additional 654,563 shares during the last quarter. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Stock Performance

Shares of Janus International Group stock opened at $5.36 on Tuesday. The company has a 50 day moving average price of $5.28 and a 200 day moving average price of $5.78. The firm has a market capitalization of $743.60 million, a P/E ratio of 17.27 and a beta of 1.46. 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, Inc. has a 52 week low of $4.26 and a 52 week high of $10.80.

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research note on Wednesday, June 24th. UBS Group reduced their price target 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. Finally, Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a report 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8.33.

About Janus International Group

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.