Janus International Group, Inc. $JBI Holdings Raised by Anchor Capital Management Company LLC

Anchor Capital Management Company LLC lifted its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 118.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,209,226 shares of the company’s stock after acquiring an additional 654,563 shares during the period. Janus International Group accounts for approximately 7.0% of Anchor Capital Management Company LLC’s holdings, making the stock its 7th biggest holding. Anchor Capital Management Company LLC’s holdings in Janus International Group were worth $7,908,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of JBI. Clearstead Advisors LLC grew its stake in shares of Janus International Group by 130.0% during the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after acquiring an additional 3,017 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after acquiring an additional 5,105 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Janus International Group by 771.0% during the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock worth $59,000 after acquiring an additional 6,399 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Janus International Group during the fourth quarter worth about $71,000. Finally, New York State Teachers Retirement System purchased a new stake in shares of Janus International Group during the fourth quarter worth about $81,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Analyst Upgrades and Downgrades

JBI has been the topic of a number of research analyst reports. Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group dropped their price target on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. KeyCorp dropped their price target on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $8.33.

Janus International Group Trading Up 0.5%

Shares of NYSE:JBI opened at $5.31 on Wednesday. Janus International Group, Inc. has a 12-month low of $4.26 and a 12-month high of $10.80. The company has a market capitalization of $736.65 million, a PE ratio of 17.11 and a beta of 1.48. The business has a 50 day moving average of $5.23 and a two-hundred day moving average of $6.02. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96.

Janus International Group (NYSE:JBI) last announced its earnings results 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). Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The business had revenue of $222.70 million for the quarter, compared to analysts’ expectations of $219.21 million. During the same quarter last year, the business earned $0.13 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. As a group, analysts forecast that Janus International Group, Inc. will post 0.5 EPS for the current year.

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.