Janus International Group, Inc. (NYSE:JBI) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in Janus International Group, Inc. (NYSE:JBI) by 3.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,083,722 shares of the company’s stock after buying an additional 36,570 shares during the period. Natixis Advisors LLC owned approximately 0.74% of Janus International Group worth $13,687,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tucker Asset Management LLC acquired a new position in shares of Janus International Group during the 4th quarter worth approximately $35,000. Comerica Bank grew its holdings in Janus International Group by 78.8% in the 1st quarter. Comerica Bank now owns 6,721 shares of the company’s stock valued at $102,000 after buying an additional 2,962 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Janus International Group in the 1st quarter worth $173,000. Saxon Interests Inc. acquired a new stake in shares of Janus International Group in the 1st quarter worth $189,000. Finally, Capstone Investment Advisors LLC acquired a new position in shares of Janus International Group during the 4th quarter valued at about $220,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on JBI shares. UBS Group cut their price objective on shares of Janus International Group from $14.50 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, August 8th. KeyCorp dropped their price target on shares of Janus International Group from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Benchmark reduced their price target on shares of 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. Finally, Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $15.25.

Insider Activity at Janus International Group

In related news, insider Peter Frayser sold 15,000 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the completion of the transaction, the insider now directly owns 217,805 shares in the company, valued at approximately $3,267,075. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.94% of the company’s stock.

Janus International Group Price Performance

Janus International Group stock opened at $10.47 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.47 and a current ratio of 2.82. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 11.02 and a beta of 0.91. The company’s 50 day simple moving average is $12.25 and its 200-day simple moving average is $13.57. Janus International Group, Inc. has a 1 year low of $9.16 and a 1 year high of $15.86.

Janus International Group (NYSE:JBI) last announced its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.07). Janus International Group had a net margin of 12.52% and a return on equity of 26.03%. The firm had revenue of $248.40 million during the quarter, compared to analysts’ expectations of $287.42 million. As a group, equities research analysts expect that Janus International Group, Inc. will post 0.86 earnings per share for the current year.

Janus International Group Company 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.