Mesirow Financial Investment Management Inc. Sells 3,146 Shares of Janus International Group, Inc. (NYSE:JBI)

Mesirow Financial Investment Management Inc. trimmed its position in shares of Janus International Group, Inc. (NYSE:JBI) by 17.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,399 shares of the company’s stock after selling 3,146 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Janus International Group were worth $146,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new position in shares of Janus International Group during the second quarter valued at about $60,000. Amalgamated Bank grew its position in Janus International Group by 73.2% during the 2nd 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 increased its stake in 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 position in Janus International Group by 78.8% in the first quarter. Comerica Bank now owns 6,721 shares of the company’s stock valued at $102,000 after purchasing an additional 2,962 shares during the last quarter. Finally, SkyView Investment Advisors LLC bought a new stake in Janus International Group in the second quarter valued at approximately $126,000. Institutional investors own 88.78% of the company’s stock.

Janus International Group Trading Down 2.1 %

Shares of JBI opened at $7.34 on Thursday. Janus International Group, Inc. has a 1-year low of $6.68 and a 1-year high of $15.86. 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’s 50-day moving average price is $9.39 and its 200-day moving average price is $11.69. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 10.19 and a beta of 0.92.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.09). Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. The firm had revenue of $230.10 million for the quarter, compared to the consensus estimate of $248.21 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The business’s revenue was down 17.9% compared to the same quarter last year. Sell-side analysts anticipate that Janus International Group, Inc. will post 0.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Janus International Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. Wolfe Research cut shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research report on Monday, August 12th. KeyCorp dropped their target price on shares of Janus International Group from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. UBS Group cut their target price on Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Finally, Benchmark lowered their price target on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report 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 company. According to data from MarketBeat, the company currently 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.