Janus International Group, Inc. (NYSE:JBI) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP decreased its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 25.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,002 shares of the company’s stock after selling 28,152 shares during the period. Quantbot Technologies LP’s holdings in Janus International Group were worth $849,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JBI. Point72 Hong Kong Ltd acquired a new stake in shares of Janus International Group during the 2nd quarter worth $60,000. Amalgamated Bank increased its stake in Janus International Group by 73.2% during the second quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock worth $62,000 after acquiring an additional 2,074 shares during the last quarter. Quarry LP raised its holdings in shares of Janus International Group by 216.4% in the 2nd quarter. Quarry LP now owns 6,527 shares of the company’s stock worth $82,000 after purchasing an additional 4,464 shares during the period. Comerica Bank lifted its stake in shares of 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 purchasing an additional 2,962 shares in the last quarter. Finally, SkyView Investment Advisors LLC purchased a new stake in shares of Janus International Group during the 2nd quarter worth about $126,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on JBI. UBS Group reduced their price target 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. KeyCorp decreased their price target on shares of 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. Wolfe Research downgraded Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. Jefferies Financial Group cut Janus International Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. Finally, Benchmark lowered their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $10.25.

Janus International Group Stock Performance

Shares of JBI stock opened at $7.48 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39. The company’s fifty day moving average price is $8.73 and its two-hundred day moving average price is $11.13. The firm has a market capitalization of $1.06 billion, a P/E ratio of 10.39 and a beta of 0.92. Janus International Group, Inc. has a 12 month low of $6.68 and a 12 month high of $15.86.

Janus International Group (NYSE:JBI) last released its quarterly 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). Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The business had revenue of $230.10 million during the quarter, compared to analyst estimates of $248.21 million. During the same quarter last year, the firm posted $0.27 EPS. The company’s revenue was down 17.9% compared to the same quarter last year. On average, research analysts anticipate that Janus International Group, Inc. will post 0.54 earnings per share for the current fiscal 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.