Sei Investments Co. Increases Stock Holdings in Janus International Group, Inc. $JBI

Sei Investments Co. lifted its position in Janus International Group, Inc. (NYSE:JBI) by 83.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 517,883 shares of the company’s stock after acquiring an additional 235,331 shares during the quarter. Sei Investments Co.’s holdings in Janus International Group were worth $2,667,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Eagle Investment Management LLC raised its stake in shares of Janus International Group by 21.1% during the 4th quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock valued at $8,988,000 after purchasing an additional 239,665 shares during the period. Villanova Investment Management Co LLC boosted its stake in Janus International Group by 71.6% in the 4th quarter. Villanova Investment Management Co LLC now owns 243,665 shares of the company’s stock worth $1,594,000 after purchasing an additional 101,695 shares during the period. Dimensional Fund Advisors LP boosted its stake in Janus International Group by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,205,659 shares of the company’s stock worth $21,657,000 after purchasing an additional 474,205 shares during the period. Fifth Third Bancorp purchased a new position in Janus International Group during the 1st quarter valued at about $1,301,000. Finally, Bernzott Capital Advisors grew its holdings in Janus International Group by 26.2% during the 1st quarter. Bernzott Capital Advisors now owns 1,076,690 shares of the company’s stock valued at $5,545,000 after buying an additional 223,270 shares in the last quarter. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

NYSE JBI opened at $5.54 on Friday. The company has a 50-day simple moving average of $5.31 and a two-hundred day simple moving average of $5.68. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96. Janus International Group, Inc. has a 12-month low of $4.26 and a 12-month high of $10.80. The firm has a market cap of $769.98 million, a price-to-earnings ratio of 17.89 and a beta of 1.47.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The company had revenue of $222.70 million for the quarter, compared to the consensus estimate of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $0.13 earnings per share. On average, equities analysts forecast that Janus International Group, Inc. will post 0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on JBI shares. UBS Group dropped their price objective on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research note on Wednesday, June 24th. Finally, Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $8.33.

Janus International Group Company 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.