Janus International Group, Inc. (NYSE:JBI) Shares Bought by Trexquant Investment LP

Trexquant Investment LP raised its holdings in Janus International Group, Inc. (NYSE:JBI) by 354.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 336,501 shares of the company’s stock after purchasing an additional 262,448 shares during the quarter. Trexquant Investment LP’s holdings in Janus International Group were worth $4,391,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JBI. Parkside Financial Bank & Trust lifted its stake in shares of Janus International Group by 67.6% in the 3rd quarter. Parkside Financial Bank & Trust now owns 4,326 shares of the company’s stock valued at $46,000 after purchasing an additional 1,745 shares during the period. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Janus International Group in the fourth quarter worth about $52,000. PEAK6 Investments LLC acquired a new position in shares of Janus International Group in the third quarter worth about $119,000. M&T Bank Corp purchased a new stake in shares of Janus International Group during the 3rd quarter worth about $142,000. Finally, Quadrature Capital Ltd acquired a new position in Janus International Group in the 3rd quarter worth about $145,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Stock Performance

Shares of JBI stock opened at $14.38 on Thursday. Janus International Group, Inc. has a one year low of $8.66 and a one year high of $15.86. The firm’s 50 day moving average price is $14.51 and its 200-day moving average price is $13.52. The firm has a market cap of $2.11 billion, a P/E ratio of 15.14 and a beta of 0.95. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. The company 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%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.18 EPS. As a group, equities research analysts predict that Janus International Group, Inc. will post 1.03 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on JBI shares. Benchmark reissued a “buy” rating and issued a $21.00 price target on shares of Janus International Group in a report on Tuesday, May 14th. Jefferies Financial Group began coverage on Janus International Group in a research note on Monday, April 15th. They issued a “buy” rating and a $20.00 price objective for the company. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.30.

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.