Janus International Group, Inc. (NYSE:JBI) Shares Bought by Clearbridge Investments LLC

Clearbridge Investments LLC grew its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,261,380 shares of the company’s stock after acquiring an additional 35,131 shares during the period. Clearbridge Investments LLC’s holdings in Janus International Group were worth $19,085,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Entropy Technologies LP increased its stake in shares of Janus International Group by 4.5% during the 1st quarter. Entropy Technologies LP now owns 21,126 shares of the company’s stock worth $320,000 after purchasing an additional 901 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Janus International Group by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 15,267 shares of the company’s stock worth $231,000 after purchasing an additional 1,201 shares in the last quarter. Los Angeles Capital Management LLC increased its stake in shares of Janus International Group by 2.3% during the 1st quarter. Los Angeles Capital Management LLC now owns 101,029 shares of the company’s stock worth $1,529,000 after purchasing an additional 2,260 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Janus International Group by 16.6% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 18,101 shares of the company’s stock worth $237,000 after purchasing an additional 2,572 shares in the last quarter. Finally, Tucker Asset Management LLC purchased a new position in shares of Janus International Group during the 4th quarter worth approximately $35,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JBI has been the subject of a number of recent research reports. Benchmark reissued a “buy” rating and set a $21.00 price objective on shares of Janus International Group in a research note on Tuesday, May 14th. Jefferies Financial Group assumed coverage on shares of Janus International Group in a research note on Monday, April 15th. They set a “buy” rating and a $20.00 price objective for the company. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Janus International Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

Janus International Group Trading Down 0.1 %

JBI stock traded down $0.02 during midday trading on Wednesday, hitting $13.78. The stock had a trading volume of 2,668,810 shares, compared to its average volume of 1,687,917. The firm has a market cap of $2.01 billion, a PE ratio of 14.49 and a beta of 0.91. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.95 and a quick ratio of 2.63. Janus International Group, Inc. has a 12-month low of $9.16 and a 12-month high of $15.86. The company’s 50-day moving average price is $13.33 and its 200 day moving average price is $14.11.

Janus International Group (NYSE:JBI) last released its earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. The firm had revenue of $254.50 million during the quarter, compared to analysts’ expectations of $252.90 million. Janus International Group had a net margin of 13.14% and a return on equity of 28.95%. Janus International Group’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. On average, equities research analysts predict that Janus International Group, Inc. will post 1.03 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.