Janus International Group, Inc. $JBI Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 2.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 12,870,668 shares of the company’s stock after selling 268,797 shares during the period. Vanguard Group Inc. owned approximately 0.09% of Janus International Group worth $127,033,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JBI. Ameriprise Financial Inc. grew its stake in shares of Janus International Group by 10.2% during the second quarter. Ameriprise Financial Inc. now owns 4,103,573 shares of the company’s stock valued at $33,402,000 after acquiring an additional 381,462 shares in the last quarter. Wasatch Advisors LP lifted its stake in Janus International Group by 7.2% in the second quarter. Wasatch Advisors LP now owns 3,826,628 shares of the company’s stock valued at $31,149,000 after buying an additional 256,333 shares during the last quarter. Geode Capital Management LLC lifted its position in Janus International Group by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 3,237,347 shares of the company’s stock valued at $26,355,000 after purchasing an additional 18,704 shares during the last quarter. Boston Partners boosted its position in shares of Janus International Group by 20.4% during the second quarter. Boston Partners now owns 2,660,527 shares of the company’s stock worth $21,978,000 after buying an additional 450,566 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Janus International Group by 35.8% during the second quarter. Invesco Ltd. now owns 2,296,001 shares of the company’s stock valued at $18,689,000 after purchasing an additional 605,262 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of NYSE:JBI opened at $6.61 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.57 and a current ratio of 3.03. The company has a market capitalization of $917.60 million, a PE ratio of 19.44 and a beta of 1.47. The stock has a fifty day moving average of $6.95 and a 200-day moving average of $8.07. Janus International Group, Inc. has a one year low of $5.72 and a one year high of $10.80.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, December 29th. Wall Street Zen upgraded Janus International Group from a “hold” rating to a “buy” rating in a research report on Monday. Zacks Research raised Janus International Group to a “hold” rating in a research note on Monday, December 15th. Finally, UBS Group dropped their price objective on Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday, November 7th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Janus International Group has a consensus rating of “Hold” and an average price target of $10.17.

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.