Hotchkis & Wiley Capital Management LLC Has $10.87 Million Holdings in Janus International Group, Inc. (NYSE:JBI)

Hotchkis & Wiley Capital Management LLC boosted its stake in Janus International Group, Inc. (NYSE:JBI - Free Report) by 403.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,075,180 shares of the company's stock after purchasing an additional 861,670 shares during the period. Hotchkis & Wiley Capital Management LLC owned approximately 0.76% of Janus International Group worth $10,870,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd acquired a new stake in Janus International Group in the 2nd quarter valued at $60,000. Amalgamated Bank boosted 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 buying an additional 2,074 shares during the last quarter. Quarry LP boosted its position in Janus International Group by 216.4% in the 2nd quarter. Quarry LP now owns 6,527 shares of the company's stock valued at $82,000 after buying an additional 4,464 shares during the last quarter. Comerica Bank boosted its position in Janus International Group by 78.8% in the 1st 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 last quarter. Finally, Holocene Advisors LP purchased a new position in Janus International Group in the 3rd quarter valued at about $125,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Janus International Group Price Performance

NYSE:JBI traded down $0.09 during midday trading on Wednesday, hitting $7.65. 1,641,408 shares of the stock were exchanged, compared to its average volume of 2,010,458. Janus International Group, Inc. has a one year low of $6.68 and a one year high of $15.86. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 10.61 and a beta of 0.91. The business has a 50-day moving average price of $8.64 and a two-hundred day moving average price of $11.02. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11.

Janus International Group (NYSE:JBI - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (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 company had revenue of $230.10 million during the quarter, compared to the consensus estimate of $248.21 million. During the same period in the prior year, the company posted $0.27 EPS. Janus International Group's quarterly revenue was down 17.9% on a year-over-year basis. Sell-side analysts predict that Janus International Group, Inc. will post 0.54 EPS for the current year.

Analyst Ratings Changes

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