Strs Ohio Makes New $745,000 Investment in Janus International Group, Inc. $JBI

Strs Ohio purchased a new stake in Janus International Group, Inc. (NYSE:JBI) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 75,500 shares of the company’s stock, valued at approximately $745,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Seizert Capital Partners LLC grew its holdings in shares of Janus International Group by 69.4% during the third quarter. Seizert Capital Partners LLC now owns 26,245 shares of the company’s stock worth $259,000 after buying an additional 10,755 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Janus International Group by 18.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,930 shares of the company’s stock worth $136,000 after acquiring an additional 2,171 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Janus International Group in the third quarter valued at approximately $70,000. SG Americas Securities LLC lifted its position in shares of Janus International Group by 196.3% in the third quarter. SG Americas Securities LLC now owns 165,832 shares of the company’s stock worth $1,637,000 after purchasing an additional 109,869 shares in the last quarter. Finally, Inspire Investing LLC acquired a new position in Janus International Group during the third quarter worth $459,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Trading Down 0.8%

Shares of NYSE:JBI opened at $6.84 on Thursday. Janus International Group, Inc. has a 52-week low of $5.72 and a 52-week high of $10.80. 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 $948.83 million, a P/E ratio of 20.10 and a beta of 1.44. The company has a 50-day simple moving average of $6.64 and a 200 day simple moving average of $8.43.

Janus International Group (NYSE:JBI) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). Janus International Group had a return on equity of 14.18% and a net margin of 5.29%.The business had revenue of $219.30 million for the quarter, compared to analyst estimates of $225.72 million. During the same period last year, the firm earned $0.11 EPS. Janus International Group’s quarterly revenue was down 4.7% compared to the same quarter last year. Sell-side analysts forecast that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

JBI has been the topic of several recent research reports. UBS Group lowered their price target on shares of 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, December 29th. Zacks Research raised Janus International Group to a “hold” rating in a research report on Monday, December 15th. Finally, Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.17.

About Janus International Group

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.