B. Metzler seel. Sohn & Co. Holding AG Takes $950,000 Position in Janus International Group, Inc. (NYSE:JBI)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Janus International Group, Inc. (NYSE:JBI) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 93,977 shares of the company’s stock, valued at approximately $950,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ProShare Advisors LLC grew its holdings in shares of Janus International Group by 8.5% during the first quarter. ProShare Advisors LLC now owns 15,267 shares of the company’s stock worth $231,000 after purchasing an additional 1,201 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Janus International Group by 15.6% during the first quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company’s stock worth $203,554,000 after purchasing an additional 1,817,144 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Janus International Group during the first quarter worth about $384,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Janus International Group by 13.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 24,278 shares of the company’s stock worth $368,000 after purchasing an additional 2,799 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC purchased a new position in shares of Janus International Group during the first quarter worth about $44,026,000. 88.78% of the stock is currently owned by institutional investors.

Janus International Group Stock Performance

Shares of JBI stock opened at $7.41 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80. Janus International Group, Inc. has a fifty-two week low of $6.68 and a fifty-two week high of $15.86. The stock has a 50 day moving average price of $9.00 and a two-hundred day moving average price of $11.35. The company has a market capitalization of $1.05 billion, a P/E ratio of 10.29 and a beta of 0.92.

Janus International Group (NYSE:JBI) last announced its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). The business had revenue of $230.10 million for the quarter, compared to the consensus estimate of $248.21 million. Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. Janus International Group’s revenue was down 17.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.27 EPS. Analysts expect that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on JBI shares. KeyCorp cut their price objective on Janus International Group from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. UBS Group cut their price objective on Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Benchmark cut their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Finally, Jefferies Financial Group lowered Janus International Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.25.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.