Janus International Group, Inc. (NYSE:JBI) Stake Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 40.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,190,439 shares of the company's stock after purchasing an additional 342,586 shares during the period. Charles Schwab Investment Management Inc. owned about 0.84% of Janus International Group worth $12,035,000 as of its most recent SEC filing.

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

Janus International Group Price Performance

NYSE JBI traded up $0.14 on Monday, reaching $7.49. The company's stock had a trading volume of 1,226,246 shares, compared to its average volume of 1,998,733. Janus International Group, Inc. has a twelve month low of $6.68 and a twelve month high of $15.86. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80. The firm's 50 day moving average is $8.48 and its two-hundred day moving average is $10.87. The stock has a market cap of $1.06 billion, a PE ratio of 10.40 and a beta of 0.91.

Janus International Group (NYSE:JBI - Get Free Report) last released 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). The business 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% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. As a group, sell-side analysts predict that Janus International Group, Inc. will post 0.54 EPS for the current year.

Analysts Set New Price Targets

JBI has been the topic of a number of recent analyst reports. Jefferies Financial Group lowered shares of Janus International Group from a "buy" rating to a "hold" rating and cut their target price for the company from $12.00 to $7.50 in a research note on Monday, November 4th. KeyCorp reduced their price target on shares of Janus International Group from $13.00 to $11.00 and set an "overweight" rating for the company in a report on Wednesday, October 30th. Wolfe Research cut shares of Janus International Group from an "outperform" rating to a "peer perform" rating in a report on Monday, August 12th. Finally, UBS Group lowered their price objective on shares of Janus International Group from $12.00 to $8.50 and set a "neutral" rating on the stock in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $10.25.

Janus International Group Company 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.