Janus International Group (NYSE:JBI) Price Target Lowered to $9.00 at KeyCorp

Janus International Group (NYSE:JBI - Free Report) had its price objective cut by KeyCorp from $11.00 to $9.00 in a report published on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

Janus International Group Stock Performance

Shares of Janus International Group stock traded down $0.05 during mid-day trading on Tuesday, hitting $6.29. 1,621,007 shares of the stock were exchanged, compared to its average volume of 2,025,155. The company has a market capitalization of $881.85 million, a P/E ratio of 8.73 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. The company has a 50-day simple moving average of $7.79 and a 200 day simple moving average of $8.02. Janus International Group has a 12 month low of $6.05 and a 12 month high of $15.35.

Institutional Investors Weigh In On Janus International Group

Large investors have recently made changes to their positions in the business. Verition Fund Management LLC grew its position in Janus International Group by 146.2% during the third quarter. Verition Fund Management LLC now owns 53,800 shares of the company's stock valued at $544,000 after buying an additional 31,951 shares during the period. State Street Corp grew its position in shares of Janus International Group by 9.5% during the 3rd quarter. State Street Corp now owns 2,827,183 shares of the company's stock valued at $28,583,000 after acquiring an additional 244,322 shares during the period. Wellington Management Group LLP increased its stake in shares of Janus International Group by 47.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,366,402 shares of the company's stock worth $44,144,000 after purchasing an additional 1,411,802 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Janus International Group in the 3rd quarter worth approximately $610,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Janus International Group in the third quarter valued at approximately $225,000. 88.78% of the stock is owned by hedge funds and other institutional investors.

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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.