Tudor Investment Corp ET AL Sells 297,816 Shares of Janus International Group, Inc. $JBI

Tudor Investment Corp ET AL decreased its holdings in Janus International Group, Inc. (NYSE:JBI) by 76.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,880 shares of the company’s stock after selling 297,816 shares during the period. Tudor Investment Corp ET AL’s holdings in Janus International Group were worth $927,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new stake in shares of Janus International Group during the third quarter valued at $143,000. Danske Bank A S purchased a new position in Janus International Group in the 3rd quarter worth about $4,917,000. Wasatch Advisors LP lifted its holdings in Janus International Group by 37.5% during the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after buying an additional 1,435,777 shares in the last quarter. Verition Fund Management LLC boosted its position in Janus International Group by 6.9% in the 3rd quarter. Verition Fund Management LLC now owns 86,180 shares of the company’s stock valued at $851,000 after buying an additional 5,597 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in Janus International Group in the 3rd quarter valued at about $1,058,000. 88.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research report on Friday. KeyCorp lowered their price target on Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Zacks Research upgraded Janus International Group to a “hold” rating in a report on Monday, December 15th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $9.17.

Janus International Group Stock Down 1.3%

NYSE:JBI opened at $4.94 on Tuesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.54 and a quick ratio of 3.04. Janus International Group, Inc. has a 1-year low of $4.92 and a 1-year high of $10.80. The company has a 50-day moving average of $6.41 and a 200 day moving average of $7.42. The firm has a market cap of $685.27 million, a PE ratio of 12.65 and a beta of 1.47.

Janus International Group (NYSE:JBI) last posted its earnings results on Wednesday, March 4th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). Janus International Group had a net margin of 6.08% and a return on equity of 15.26%. The business had revenue of $226.30 million for the quarter, compared to analysts’ expectations of $217.45 million. During the same period last year, the business posted $0.57 EPS. The company’s revenue for the quarter was down 1.9% 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 fiscal year.

Janus International Group Profile

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.