Glenmede Trust Co. NA grew its holdings in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 39.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,305,877 shares of the company's stock after acquiring an additional 372,592 shares during the period. Glenmede Trust Co. NA owned about 0.93% of Janus International Group worth $13,202,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of JBI. Sage Mountain Advisors LLC lifted its holdings in Janus International Group by 4.5% in the second quarter. Sage Mountain Advisors LLC now owns 23,200 shares of the company's stock valued at $293,000 after buying an additional 990 shares during the period. Atria Investments Inc lifted its holdings in Janus International Group by 13.4% in the third quarter. Atria Investments Inc now owns 13,889 shares of the company's stock valued at $140,000 after buying an additional 1,643 shares during the period. Amalgamated Bank lifted its holdings in 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 buying an additional 2,074 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Janus International Group by 13.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 24,278 shares of the company's stock valued at $368,000 after buying an additional 2,799 shares during the period. Finally, Comerica Bank lifted its holdings in Janus International Group by 78.8% in the first quarter. Comerica Bank now owns 6,721 shares of the company's stock valued at $102,000 after buying an additional 2,962 shares during the period. Institutional investors own 88.78% of the company's stock.
Janus International Group Stock Up 1.2 %
Shares of NYSE:JBI traded up $0.09 during midday trading on Friday, hitting $7.48. 607,827 shares of the company's stock were exchanged, compared to its average volume of 2,019,110. 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 50 day moving average price of $8.79 and a 200-day moving average price of $11.19. The company has a market cap of $1.06 billion, a PE ratio of 10.39 and a beta of 0.92. Janus International Group, Inc. has a 12 month low of $6.68 and a 12 month high of $15.86.
Janus International Group (NYSE:JBI - Get Free Report) last posted 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 the consensus estimate of $248.21 million. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The company's revenue was down 17.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. On average, sell-side analysts anticipate that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts recently issued reports on JBI shares. UBS Group dropped their target price on shares of Janus International Group from $12.00 to $8.50 and set a "neutral" rating on the stock 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 report on Monday, August 12th. KeyCorp dropped their price objective on shares of Janus International Group from $13.00 to $11.00 and set an "overweight" rating on the stock in a report on Wednesday, October 30th. Benchmark dropped 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. Finally, Jefferies Financial Group lowered shares of Janus International Group from a "buy" rating to a "hold" rating and dropped their price objective for the company from $12.00 to $7.50 in a report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $10.25.
View Our Latest Research Report on JBI
About Janus International Group
(
Free Report)
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.
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