Thrivent Financial for Lutherans Sells 5,285,283 Shares of Janus International Group, Inc. (NYSE:JBI)

Thrivent Financial for Lutherans trimmed its position in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 98.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,900 shares of the company's stock after selling 5,285,283 shares during the period. Thrivent Financial for Lutherans' holdings in Janus International Group were worth $440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Janus International Group by 40.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,190,439 shares of the company's stock valued at $12,035,000 after acquiring an additional 342,586 shares during the last quarter. FMR LLC raised its position in Janus International Group by 8.4% during the third quarter. FMR LLC now owns 8,316,295 shares of the company's stock valued at $84,078,000 after purchasing an additional 646,078 shares during the period. Verition Fund Management LLC lifted its stake in shares of Janus International Group by 146.2% in the 3rd quarter. Verition Fund Management LLC now owns 53,800 shares of the company's stock valued at $544,000 after purchasing an additional 31,951 shares during the last quarter. Paloma Partners Management Co purchased a new position in shares of Janus International Group in the 3rd quarter worth approximately $143,000. Finally, Holocene Advisors LP bought a new position in shares of Janus International Group during the 3rd quarter valued at approximately $125,000. 88.78% of the stock is currently owned by institutional investors.

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Janus International Group Trading Down 5.4 %

NYSE JBI traded down $0.37 during trading on Tuesday, hitting $6.51. The stock had a trading volume of 2,928,732 shares, compared to its average volume of 2,007,558. Janus International Group, Inc. has a one year low of $6.20 and a one year high of $15.35. The stock has a 50 day simple moving average of $7.92 and a 200 day simple moving average of $8.10. The stock has a market capitalization of $913.00 million, a price-to-earnings ratio of 9.04 and a beta of 1.09. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80.

Analyst Ratings Changes

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