River Road Asset Management LLC Invests $8.26 Million in Janus International Group, Inc. (NYSE:JBI)

River Road Asset Management LLC purchased a new stake in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 816,658 shares of the company's stock, valued at approximately $8,256,000. River Road Asset Management LLC owned about 0.56% of Janus International Group as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd acquired a new stake in shares of Janus International Group in the second quarter valued at $60,000. Amalgamated Bank increased its position in Janus International Group by 73.2% in the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company's stock valued at $62,000 after acquiring an additional 2,074 shares in the last quarter. Quarry LP raised its stake in shares of Janus International Group by 216.4% in the second quarter. Quarry LP now owns 6,527 shares of the company's stock worth $82,000 after acquiring an additional 4,464 shares during the last quarter. Comerica Bank lifted its position in shares of Janus International Group by 78.8% during the first quarter. Comerica Bank now owns 6,721 shares of the company's stock worth $102,000 after purchasing an additional 2,962 shares in the last quarter. Finally, SkyView Investment Advisors LLC bought a new stake in shares of Janus International Group during the second quarter valued at approximately $126,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on JBI. KeyCorp dropped their target price on Janus International Group from $13.00 to $11.00 and set an "overweight" rating for the company in a research report on Wednesday, October 30th. UBS Group dropped their price objective on Janus International Group from $12.00 to $8.50 and set a "neutral" rating for the company in a report on Wednesday, October 30th. Wolfe Research lowered shares of Janus International Group from an "outperform" rating to a "peer perform" rating in a research note on Monday, August 12th. Jefferies Financial Group cut shares of Janus International Group from a "buy" rating to a "hold" rating and lowered their price target for the stock from $12.00 to $7.50 in a research report on Monday. Finally, Benchmark cut their price objective on shares of Janus International Group from $21.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, August 9th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $10.25.

Janus International Group Trading Up 11.3 %

Shares of Janus International Group stock traded up $0.79 during trading on Wednesday, hitting $7.81. 3,949,969 shares of the company were exchanged, compared to its average volume of 3,054,079. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.47. The firm has a market capitalization of $1.13 billion, a P/E ratio of 10.85 and a beta of 0.92. The firm's fifty day moving average price is $9.79 and its 200 day moving average price is $11.97. Janus International Group, Inc. has a 1-year low of $6.68 and a 1-year high of $15.86.

Janus International Group (NYSE:JBI - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.09). The firm had revenue of $230.10 million for the quarter, compared to analyst estimates of $248.21 million. Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. The firm's revenue for the quarter was down 17.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS. As a group, sell-side analysts expect that Janus International Group, Inc. will post 0.84 earnings per share for the current fiscal year.

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.