SG Americas Securities LLC Grows Stake in Janus International Group, Inc. (NYSE:JBI)

SG Americas Securities LLC lifted its position in Janus International Group, Inc. (NYSE:JBI) by 9.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,071 shares of the company’s stock after buying an additional 4,295 shares during the period. SG Americas Securities LLC’s holdings in Janus International Group were worth $496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Janus International Group during the second quarter valued at $2,210,000. Point72 Asset Management L.P. lifted its position in Janus International Group by 8.5% during the second quarter. Point72 Asset Management L.P. now owns 57,609 shares of the company’s stock valued at $728,000 after purchasing an additional 4,509 shares in the last quarter. Quarry LP lifted its position in Janus International Group by 216.4% during the second quarter. Quarry LP now owns 6,527 shares of the company’s stock valued at $82,000 after purchasing an additional 4,464 shares in the last quarter. SkyView Investment Advisors LLC purchased a new position in Janus International Group during the second quarter valued at $126,000. Finally, Mackenzie Financial Corp purchased a new position in Janus International Group during the second quarter valued at $136,000. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Trading Up 0.1 %

Shares of JBI stock opened at $10.41 on Thursday. Janus International Group, Inc. has a 12-month low of $9.16 and a 12-month high of $15.86. The company has a current ratio of 2.82, a quick ratio of 2.47 and a debt-to-equity ratio of 1.05. The stock’s 50-day moving average price is $10.32 and its 200-day moving average price is $12.56. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 10.96 and a beta of 0.88.

Janus International Group (NYSE:JBI) last issued its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.07). Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. The firm had revenue of $248.40 million during the quarter, compared to the consensus estimate of $287.42 million. Equities research analysts predict that Janus International Group, Inc. will post 0.84 EPS for the current fiscal year.

Insider Transactions at Janus International Group

In other news, insider Peter Frayser sold 15,000 shares of Janus International Group stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. Following the sale, the insider now directly owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades

JBI has been the topic of several analyst reports. Benchmark lowered their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Jefferies Financial Group decreased their price target on Janus International Group from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, September 10th. UBS Group decreased their price target on Janus International Group from $14.50 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Wolfe Research cut Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. Finally, KeyCorp decreased their price target on Janus International Group from $15.00 to $13.00 and set an “overweight” rating on the stock in a report on Monday. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.75.

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.