Natixis Advisors LLC Decreases Stock Position in Janus International Group, Inc. (NYSE:JBI)

Natixis Advisors LLC reduced its holdings in Janus International Group, Inc. (NYSE:JBI - Free Report) by 7.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 999,676 shares of the company's stock after selling 84,046 shares during the period. Natixis Advisors LLC owned approximately 0.69% of Janus International Group worth $10,107,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JBI. Sei Investments Co. lifted its holdings in Janus International Group by 3.4% during the 1st quarter. Sei Investments Co. now owns 197,487 shares of the company's stock valued at $2,988,000 after buying an additional 6,424 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Janus International Group by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 15,267 shares of the company's stock worth $231,000 after buying an additional 1,201 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Janus International Group by 15.6% in the 1st quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company's stock worth $203,554,000 after buying an additional 1,817,144 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of Janus International Group in the 1st quarter worth approximately $384,000. Finally, Truvestments Capital LLC purchased a new position in shares of Janus International Group in the 1st quarter worth approximately $423,000. Institutional investors own 88.78% of the company's stock.

Janus International Group Trading Up 2.8 %

Shares of JBI traded up $0.20 during trading on Friday, reaching $7.39. 1,514,082 shares of the company traded hands, compared to its average volume of 2,027,426. The stock has a 50-day simple moving average of $9.05 and a 200-day simple moving average of $11.41. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. Janus International Group, Inc. has a twelve month low of $6.68 and a twelve month high of $15.86. The stock has a market cap of $1.04 billion, a PE ratio of 9.99 and a beta of 0.92.

Janus International Group (NYSE:JBI - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 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 business had revenue of $230.10 million during the quarter, compared to analysts' expectations of $248.21 million. During the same period in the previous year, the business posted $0.27 EPS. The company's revenue for the quarter was down 17.9% compared to the same quarter last year. On average, analysts anticipate that Janus International Group, Inc. will post 0.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

JBI has been the topic of several research analyst reports. Benchmark dropped their target price on shares of Janus International Group from $21.00 to $14.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. Jefferies Financial Group downgraded shares of Janus International Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from $12.00 to $7.50 in a report on Monday, November 4th. UBS Group reduced their target price on shares of Janus International Group from $12.00 to $8.50 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. 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. Finally, KeyCorp cut their price objective on shares of Janus International Group from $13.00 to $11.00 and set an "overweight" rating for the company in a research report on Wednesday, October 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target 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.