B. Metzler seel. Sohn & Co. Holding AG Acquires Shares of 93,977 Janus International Group, Inc. (NYSE:JBI)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Janus International Group, Inc. (NYSE:JBI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 93,977 shares of the company’s stock, valued at approximately $950,000. B. Metzler seel. Sohn & Co. Holding AG owned about 0.07% of Janus International Group at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new position in Janus International Group during the 3rd quarter worth $243,000. Royce & Associates LP boosted its holdings in Janus International Group by 21.5% during the 3rd quarter. Royce & Associates LP now owns 1,224,593 shares of the company’s stock worth $12,381,000 after acquiring an additional 216,382 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Janus International Group by 4.0% during the 3rd quarter. Victory Capital Management Inc. now owns 1,392,822 shares of the company’s stock worth $14,081,000 after acquiring an additional 53,535 shares during the last quarter. Atria Investments Inc boosted its holdings in Janus International Group by 13.4% during the 3rd quarter. Atria Investments Inc now owns 13,889 shares of the company’s stock worth $140,000 after acquiring an additional 1,643 shares during the last quarter. Finally, Verdence Capital Advisors LLC purchased a new position in Janus International Group during the 3rd quarter worth $249,000. 88.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Jefferies Financial Group downgraded shares of Janus International Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $12.00 to $7.50 in a report on Monday, November 4th. KeyCorp lowered their target price on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Benchmark lowered their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. UBS Group lowered 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, Wolfe Research cut Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $10.25.

Janus International Group Trading Up 3.1 %

Shares of Janus International Group stock opened at $7.41 on Friday. Janus International Group, Inc. has a 52-week low of $6.68 and a 52-week high of $15.86. The stock’s 50-day simple moving average is $9.00 and its 200 day simple moving average is $11.35. The stock has a market capitalization of $1.05 billion, a P/E ratio of 10.29 and a beta of 0.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $248.21 million. During the same quarter in the prior year, the firm posted $0.27 earnings per share. The company’s revenue was down 17.9% on a year-over-year basis. As a group, research analysts anticipate that Janus International Group, Inc. will post 0.54 EPS 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.