Janus International Group, Inc. (NYSE:JBI) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Janus International Group, Inc. (NYSE:JBI - Free Report) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,504,970 shares of the company's stock after purchasing an additional 43,135 shares during the period. Vanguard Group Inc. owned approximately 9.57% of Janus International Group worth $99,262,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE raised its holdings in Janus International Group by 108.8% during the 4th quarter. US Bancorp DE now owns 5,601 shares of the company's stock valued at $41,000 after acquiring an additional 2,918 shares during the period. KBC Group NV raised its stake in shares of Janus International Group by 102.9% during the 4th quarter. KBC Group NV now owns 8,867 shares of the company's stock valued at $65,000 after purchasing an additional 4,496 shares during the period. Xponance Inc. purchased a new stake in Janus International Group during the 4th quarter worth about $74,000. Entropy Technologies LP bought a new position in Janus International Group in the 4th quarter worth about $76,000. Finally, Cibc World Markets Corp purchased a new position in Janus International Group during the 4th quarter valued at about $98,000. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Price Performance

Shares of JBI stock traded up $0.02 during trading on Tuesday, hitting $6.35. The company had a trading volume of 149,144 shares, compared to its average volume of 1,575,000. Janus International Group, Inc. has a 52 week low of $6.05 and a 52 week high of $15.35. The stock has a market capitalization of $890.27 million, a price-to-earnings ratio of 8.81 and a beta of 1.09. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The stock's 50-day moving average is $7.75 and its two-hundred day moving average is $7.97.

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Analyst Upgrades and Downgrades

Separately, KeyCorp lowered their price target on shares of Janus International Group from $11.00 to $9.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $9.75.

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.