Atria Investments Inc Acquires 1,643 Shares of Janus International Group, Inc. (NYSE:JBI)

Atria Investments Inc grew its position in Janus International Group, Inc. (NYSE:JBI) by 13.4% during the third quarter, HoldingsChannel reports. The firm owned 13,889 shares of the company’s stock after buying an additional 1,643 shares during the period. Atria Investments Inc’s holdings in Janus International Group were worth $140,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Point72 Hong Kong Ltd bought a new stake in shares of Janus International Group in the 2nd quarter valued at $60,000. Amalgamated Bank boosted its stake in shares of Janus International Group by 73.2% in the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock valued at $62,000 after purchasing an additional 2,074 shares during the last quarter. Quarry LP boosted its stake 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 valued at $82,000 after purchasing an additional 4,464 shares during the last quarter. Comerica Bank boosted 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 during the last quarter. Finally, SkyView Investment Advisors LLC bought a new stake in shares of Janus International Group in the 2nd quarter valued at $126,000. 88.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Janus International Group Stock Performance

JBI opened at $7.41 on Monday. 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 company’s fifty day moving average price is $9.00 and its two-hundred day moving average price is $11.34. Janus International Group, Inc. has a 1-year low of $6.68 and a 1-year high of $15.86. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 10.29 and a beta of 0.92.

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

About Janus International Group

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.