B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 93,977 Janus International Group, Inc. (NYSE:JBI)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Janus International Group, Inc. (NYSE:JBI - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 93,977 shares of the company's stock, valued at approximately $950,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.07% of Janus International Group at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Point72 Hong Kong Ltd bought a new position in Janus International Group during the 2nd quarter valued at about $60,000. Amalgamated Bank raised its stake in shares of Janus International Group by 73.2% in the second quarter. Amalgamated Bank now owns 4,909 shares of the company's stock valued at $62,000 after acquiring an additional 2,074 shares during the last quarter. Quarry LP boosted its holdings in shares of Janus International Group by 216.4% in the 2nd quarter. Quarry LP now owns 6,527 shares of the company's stock worth $82,000 after acquiring an additional 4,464 shares in the last quarter. Comerica Bank grew its position in Janus International Group by 78.8% during the 1st quarter. Comerica Bank now owns 6,721 shares of the company's stock worth $102,000 after acquiring an additional 2,962 shares during the last quarter. Finally, SkyView Investment Advisors LLC bought a new stake in Janus International Group during the 2nd quarter worth approximately $126,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Trading Up 3.1 %

Shares of NYSE JBI traded up $0.22 during mid-day trading on Friday, hitting $7.41. The company's stock had a trading volume of 1,921,167 shares, compared to its average volume of 3,333,121. 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 stock has a market cap of $1.05 billion, a price-to-earnings ratio of 10.29 and a beta of 0.92. The company's fifty day simple moving average is $9.00 and its 200-day simple moving average is $11.35. Janus International Group, Inc. has a one year low of $6.68 and a one year high of $15.86.

Janus International Group (NYSE:JBI - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.09). Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. The business had revenue of $230.10 million for the quarter, compared to the consensus estimate of $248.21 million. During the same quarter in the previous year, the firm posted $0.27 EPS. The business's revenue was down 17.9% on a year-over-year basis. On average, sell-side analysts anticipate that Janus International Group, Inc. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on JBI shares. Jefferies Financial Group lowered Janus International Group from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. Benchmark reduced their price target on shares of Janus International Group from $21.00 to $14.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. UBS Group lowered their price objective on shares of Janus International Group from $12.00 to $8.50 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. KeyCorp reduced their target price on shares of Janus International Group from $13.00 to $11.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 30th. Finally, Wolfe Research lowered shares of Janus International Group from an "outperform" rating to a "peer perform" rating in a report on Monday, August 12th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $10.25.

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.