DekaBank Deutsche Girozentrale Buys 2,572 Shares of Janus International Group, Inc. (NYSE:JBI)

DekaBank Deutsche Girozentrale lifted its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,101 shares of the company’s stock after buying an additional 2,572 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Janus International Group were worth $237,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in Janus International Group during the 3rd quarter worth $28,000. Parkside Financial Bank & Trust acquired a new stake in shares of Janus International Group during the second quarter valued at about $28,000. Ensign Peak Advisors Inc acquired a new stake in shares of Janus International Group during the third quarter valued at about $30,000. Comerica Bank bought a new stake in shares of Janus International Group during the third quarter worth about $35,000. Finally, Gyon Technologies Capital Management LP acquired a new position in shares of Janus International Group in the fourth quarter valued at approximately $35,000. 88.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Morgan Hodges sold 150,000 shares of Janus International Group stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $15.26, for a total value of $2,289,000.00. Following the completion of the transaction, the executive vice president now directly owns 203,865 shares of the company’s stock, valued at approximately $3,110,979.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Janus International Group news, EVP Morgan Hodges sold 150,000 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the transaction, the executive vice president now directly owns 203,865 shares in the company, valued at approximately $3,110,979.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Norman V. Nettie sold 90,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.27, for a total transaction of $1,374,300.00. Following the sale, the vice president now directly owns 285,786 shares of the company’s stock, valued at approximately $4,363,952.22. The disclosure for this sale can be found here. In the last ninety days, insiders sold 417,774 shares of company stock worth $6,239,249. Company insiders own 42.90% of the company’s stock.

Janus International Group Stock Performance

Shares of JBI stock opened at $14.93 on Wednesday. The stock has a market capitalization of $2.19 billion, a PE ratio of 16.22 and a beta of 0.94. The business’s 50 day simple moving average is $14.81 and its 200 day simple moving average is $12.76. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.66 and a quick ratio of 2.38. Janus International Group, Inc. has a one year low of $8.66 and a one year high of $15.86.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Janus International Group had a net margin of 12.73% and a return on equity of 30.00%. The firm had revenue of $263.70 million during the quarter, compared to the consensus estimate of $284.01 million. During the same period in the prior year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. As a group, research analysts forecast that Janus International Group, Inc. will post 1.02 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on JBI. TheStreet upgraded shares of Janus International Group from a “c+” rating to a “b-” rating in a research report on Thursday, January 4th. Benchmark dropped their price target on shares of Janus International Group from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Finally, Jefferies Financial Group started coverage on shares of Janus International Group in a research note on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.30.

Janus International Group 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.