Captrust Financial Advisors Has $324,000 Stock Position in Janus International Group, Inc. (NYSE:JBI)

Captrust Financial Advisors reduced its stake in Janus International Group, Inc. (NYSE:JBI) by 43.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,012 shares of the company’s stock after selling 25,094 shares during the period. Captrust Financial Advisors’ holdings in Janus International Group were worth $324,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Point72 Hong Kong Ltd acquired a new stake in Janus International Group in the second quarter worth $60,000. Amalgamated Bank raised its stake in Janus International Group by 73.2% during the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock worth $62,000 after buying an additional 2,074 shares during the period. Quarry LP lifted its holdings in Janus International Group by 216.4% during the second quarter. Quarry LP now owns 6,527 shares of the company’s stock worth $82,000 after acquiring an additional 4,464 shares in the last quarter. Comerica Bank grew its stake in Janus International Group by 78.8% in the first quarter. Comerica Bank now owns 6,721 shares of the company’s stock valued at $102,000 after acquiring an additional 2,962 shares during the period. Finally, SkyView Investment Advisors LLC bought a new stake in shares of Janus International Group in the second quarter worth about $126,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on JBI shares. KeyCorp decreased their price objective on Janus International Group from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. UBS Group cut their price objective on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group lowered Janus International Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $12.00 to $7.50 in a report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $10.25.

Janus International Group Trading Up 2.3 %

Shares of JBI stock opened at $7.92 on Friday. The stock has a 50 day simple moving average of $8.28 and a 200 day simple moving average of $10.66. The stock has a market cap of $1.12 billion, a P/E ratio of 11.00 and a beta of 0.91. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11. Janus International Group, Inc. has a 1 year low of $6.68 and a 1 year high of $15.86.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). The firm had revenue of $230.10 million for the quarter, compared to the consensus estimate of $248.21 million. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The business’s revenue was down 17.9% on a year-over-year basis. During the same period last year, the company posted $0.27 EPS. On average, research analysts predict that Janus International Group, Inc. will post 0.54 earnings per share for the current fiscal year.

About Janus International Group

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.