Wilmington Savings Fund Society FSB Invests $255,000 in Janus International Group, Inc. (NYSE:JBI)

Wilmington Savings Fund Society FSB acquired a new position in shares of Janus International Group, Inc. (NYSE:JBI) during the third quarter, Holdings Channel reports. The institutional investor acquired 25,184 shares of the company’s stock, valued at approximately $255,000.

A number of other large investors have also modified their holdings of JBI. Wellington Management Group LLP increased its position in shares of Janus International Group by 47.8% during the third quarter. Wellington Management Group LLP now owns 4,366,402 shares of the company’s stock worth $44,144,000 after acquiring an additional 1,411,802 shares during the period. Victory Capital Management Inc. increased its holdings in Janus International Group by 2,063.3% in the second quarter. Victory Capital Management Inc. now owns 1,339,287 shares of the company’s stock valued at $16,915,000 after buying an additional 1,277,377 shares during the last quarter. Wasatch Advisors LP increased its holdings in Janus International Group by 30.0% in the third quarter. Wasatch Advisors LP now owns 4,690,089 shares of the company’s stock valued at $47,417,000 after buying an additional 1,081,828 shares during the last quarter. Cooke & Bieler LP increased its holdings in Janus International Group by 33.8% in the second quarter. Cooke & Bieler LP now owns 3,825,764 shares of the company’s stock valued at $48,319,000 after buying an additional 966,346 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in Janus International Group by 403.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,075,180 shares of the company’s stock valued at $10,870,000 after buying an additional 861,670 shares during the last quarter. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

NYSE JBI opened at $7.68 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39. Janus International Group, Inc. has a 1 year low of $6.68 and a 1 year high of $15.86. The company has a market capitalization of $1.08 billion, a PE ratio of 10.66 and a beta of 0.91. The company has a fifty day moving average of $8.19 and a two-hundred day moving average of $10.55.

Janus International Group (NYSE:JBI) last released its quarterly earnings data 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 earned $0.27 EPS. The business’s revenue was down 17.9% on a year-over-year basis. As a group, analysts expect that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on JBI shares. UBS Group dropped their target price on Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Jefferies Financial Group lowered Janus International Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $12.00 to $7.50 in a report on Monday, November 4th. Finally, KeyCorp dropped their target price on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price 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.