Janus International Group, Inc. (NYSE:JBI) Stock Holdings Lessened by Stifel Financial Corp

Stifel Financial Corp cut its holdings in Janus International Group, Inc. (NYSE:JBI) by 4.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,285 shares of the company’s stock after selling 1,818 shares during the period. Stifel Financial Corp’s holdings in Janus International Group were worth $428,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of JBI. FMR LLC lifted its holdings in Janus International Group by 8.4% in the third quarter. FMR LLC now owns 8,316,295 shares of the company’s stock worth $84,078,000 after acquiring an additional 646,078 shares during the last quarter. Wasatch Advisors LP lifted its holdings in shares of Janus International Group by 30.0% in the 3rd quarter. Wasatch Advisors LP now owns 4,690,089 shares of the company’s stock worth $47,417,000 after purchasing an additional 1,081,828 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Janus International Group by 9.2% in the 3rd quarter. Janus Henderson Group PLC now owns 4,118,635 shares of the company’s stock worth $41,639,000 after purchasing an additional 345,553 shares during the last quarter. Cooke & Bieler LP boosted its position in Janus International Group by 33.8% during the 2nd quarter. Cooke & Bieler LP now owns 3,825,764 shares of the company’s stock valued at $48,319,000 after purchasing an additional 966,346 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Janus International Group by 14.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,329,114 shares of the company’s stock worth $29,419,000 after buying an additional 290,764 shares during the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Trading Down 3.4 %

Shares of NYSE:JBI opened at $7.36 on Friday. The company has a 50 day moving average of $7.77 and a 200-day moving average of $10.27. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11. The firm has a market cap of $1.04 billion, a P/E ratio of 10.22 and a beta of 0.91. Janus International Group, Inc. has a twelve month low of $6.68 and a twelve month high of $15.86.

Janus International Group (NYSE:JBI) last announced its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, missing the consensus estimate 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%. Janus International Group’s revenue for the quarter was down 17.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. As a group, analysts anticipate that Janus International Group, Inc. will post 0.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on JBI. Jefferies Financial Group cut Janus International Group from a “buy” rating to a “hold” rating and cut their target price for the company from $12.00 to $7.50 in a research note on Monday, November 4th. 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, KeyCorp dropped their price target on shares of Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $10.25.

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.