Seven Six Capital Management LLC Purchases Shares of 117,000 Janus International Group, Inc. $JBI

Seven Six Capital Management LLC purchased a new position in Janus International Group, Inc. (NYSE:JBI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 117,000 shares of the company’s stock, valued at approximately $603,000. Janus International Group accounts for 0.6% of Seven Six Capital Management LLC’s investment portfolio, making the stock its 25th biggest position.

A number of other large investors also recently modified their holdings of JBI. Clearstead Advisors LLC grew its position in shares of Janus International Group by 130.0% during the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after purchasing an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock valued at $35,000 after buying an additional 5,105 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Janus International Group by 771.0% in the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock worth $59,000 after buying an additional 6,399 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Janus International Group during the fourth quarter valued at $71,000. Finally, New York State Teachers Retirement System bought a new position in shares of Janus International Group during the 4th quarter valued at about $81,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

Shares of NYSE:JBI opened at $5.14 on Thursday. The company has a market capitalization of $714.43 million, a price-to-earnings ratio of 16.60 and a beta of 1.46. Janus International Group, Inc. has a 12 month low of $4.26 and a 12 month high of $10.80. The firm’s 50-day moving average is $5.29 and its 200 day moving average is $5.75. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96.

Janus International Group (NYSE:JBI) last issued its quarterly 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 business had revenue of $222.70 million during the quarter, compared to analysts’ expectations of $219.21 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. Research analysts predict that Janus International Group, Inc. will post 0.5 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on JBI. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group reduced their target price on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research report on Wednesday, June 24th. One equities research 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 MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $8.33.

Janus International Group 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.