Janus International Group, Inc. (NYSE:JBI) Holdings Cut by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC trimmed its position in shares of Janus International Group, Inc. (NYSE:JBI) by 79.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,872 shares of the company’s stock after selling 98,430 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in Janus International Group were worth $190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the business. Federated Hermes Inc. boosted its stake in Janus International Group by 109.3% during the 4th quarter. Federated Hermes Inc. now owns 4,798 shares of the company’s stock valued at $35,000 after purchasing an additional 2,506 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Janus International Group by 42.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,146 shares of the company’s stock worth $38,000 after purchasing an additional 1,544 shares during the last quarter. US Bancorp DE grew its stake in Janus International Group by 108.8% during the fourth quarter. US Bancorp DE now owns 5,601 shares of the company’s stock worth $41,000 after buying an additional 2,918 shares during the last quarter. KBC Group NV increased its holdings in Janus International Group by 102.9% during the 4th quarter. KBC Group NV now owns 8,867 shares of the company’s stock valued at $65,000 after purchasing an additional 4,496 shares in the last quarter. Finally, Xponance Inc. acquired a new stake in shares of Janus International Group in the fourth quarter valued at $74,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, KeyCorp boosted their target price on Janus International Group from $9.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, May 9th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.00.

Janus International Group Trading Up 0.6%

Shares of Janus International Group stock opened at $8.47 on Wednesday. The business has a fifty day simple moving average of $7.27 and a two-hundred day simple moving average of $7.56. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 11.76 and a beta of 1.20. Janus International Group, Inc. has a 1 year low of $5.99 and a 1 year high of $15.24.

Janus International Group (NYSE:JBI) last posted its earnings results on Thursday, May 8th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.05. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The company had revenue of $210.50 million during the quarter, compared to the consensus estimate of $200.73 million. During the same quarter last year, the firm earned $0.21 earnings per share. The company’s revenue was down 17.3% on a year-over-year basis. Research analysts forecast that Janus International Group, Inc. will post 0.54 EPS for the current 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.