Harbour Capital Advisors LLC Has $229,000 Stock Position in Janus International Group, Inc. (NYSE:JBI)

Harbour Capital Advisors LLC boosted its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 82.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,200 shares of the company’s stock after buying an additional 10,450 shares during the period. Harbour Capital Advisors LLC’s holdings in Janus International Group were worth $229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of JBI. Wellington Management Group LLP grew its stake in Janus International Group by 15.2% in the fourth quarter. Wellington Management Group LLP now owns 2,809,837 shares of the company’s stock valued at $36,668,000 after purchasing an additional 370,942 shares in the last quarter. Vanguard Group Inc. grew its stake in Janus International Group by 26.8% in the fourth quarter. Vanguard Group Inc. now owns 11,636,534 shares of the company’s stock valued at $151,857,000 after purchasing an additional 2,458,953 shares in the last quarter. Los Angeles Capital Management LLC grew its stake in Janus International Group by 2.3% in the first quarter. Los Angeles Capital Management LLC now owns 101,029 shares of the company’s stock valued at $1,529,000 after purchasing an additional 2,260 shares in the last quarter. Annex Advisory Services LLC purchased a new position in Janus International Group in the first quarter valued at about $533,000. Finally, Vaughan Nelson Investment Management L.P. grew its stake in Janus International Group by 23.2% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 5,248,730 shares of the company’s stock valued at $79,414,000 after purchasing an additional 988,435 shares in the last quarter. 88.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Janus International Group

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the transaction, the insider now owns 217,805 shares of the company’s stock, valued at $3,267,075. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.94% of the company’s stock.

Janus International Group Price Performance

Shares of NYSE:JBI opened at $10.35 on Friday. The business has a 50 day moving average price of $10.32 and a 200 day moving average price of $12.51. Janus International Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.86. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 10.89 and a beta of 0.88. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05.

Janus International Group (NYSE:JBI) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.07). The firm had revenue of $248.40 million during the quarter, compared to analyst estimates of $287.42 million. Janus International Group had a net margin of 12.52% and a return on equity of 26.03%. Research analysts predict that Janus International Group, Inc. will post 0.84 earnings per share for the current year.

Wall Street Analyst Weigh In

JBI has been the topic of a number of recent research reports. KeyCorp lowered their target price on Janus International Group from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Monday, October 14th. Wolfe Research downgraded Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Benchmark decreased their price target 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. UBS Group decreased their price target on Janus International Group from $14.50 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, August 8th. Finally, Jefferies Financial Group decreased their price target on Janus International Group from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $12.75.

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.