Janus International Group, Inc. (NYSE:JBI) Shares Sold by PDT Partners LLC

PDT Partners LLC lowered its position in shares of Janus International Group, Inc. (NYSE:JBI) by 47.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,034 shares of the company’s stock after selling 34,937 shares during the period. PDT Partners LLC’s holdings in Janus International Group were worth $395,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Point72 Hong Kong Ltd acquired a new stake in shares of Janus International Group during the second quarter worth about $60,000. Amalgamated Bank increased its position in Janus International Group by 73.2% during the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock worth $62,000 after purchasing an additional 2,074 shares during the period. Quarry LP increased its position in Janus International Group by 216.4% during the 2nd quarter. Quarry LP now owns 6,527 shares of the company’s stock worth $82,000 after purchasing an additional 4,464 shares during the period. Comerica Bank increased its position in Janus International Group by 78.8% during the 1st quarter. Comerica Bank now owns 6,721 shares of the company’s stock worth $102,000 after purchasing an additional 2,962 shares during the period. Finally, SkyView Investment Advisors LLC acquired a new position in Janus International Group during the 2nd quarter worth approximately $126,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Stock Up 2.5 %

Shares of NYSE JBI opened at $7.74 on Wednesday. Janus International Group, Inc. has a 12-month low of $6.68 and a 12-month high of $15.86. The company has a market cap of $1.09 billion, a P/E ratio of 10.75 and a beta of 0.91. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11. The stock has a fifty day moving average price of $8.68 and a 200 day moving average price of $11.06.

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

Wall Street Analyst Weigh In

JBI has been the topic of several research analyst reports. KeyCorp decreased their price target on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. UBS Group decreased their price target on Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Benchmark reduced their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Finally, Jefferies Financial Group lowered Janus International Group from a “buy” rating to a “hold” rating and reduced their target price for the company 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 data from MarketBeat, Janus International Group currently has an average rating of “Hold” and an average target price of $10.25.

Janus International Group 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.