Wellington Management Group LLP Grows Position in Janus International Group, Inc. (NYSE:JBI)

Wellington Management Group LLP raised its position in Janus International Group, Inc. (NYSE:JBI - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,585,908 shares of the company's stock after buying an additional 219,506 shares during the period. Wellington Management Group LLP owned about 3.25% of Janus International Group worth $33,706,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Barclays PLC raised its position in shares of Janus International Group by 216.2% in the third quarter. Barclays PLC now owns 235,897 shares of the company's stock valued at $2,385,000 after buying an additional 161,290 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Janus International Group by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,125,266 shares of the company's stock valued at $72,036,000 after acquiring an additional 435,721 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Janus International Group by 854.2% in the 3rd quarter. Principal Financial Group Inc. now owns 182,876 shares of the company's stock valued at $1,849,000 after acquiring an additional 163,711 shares during the last quarter. State Street Corp lifted its stake in Janus International Group by 9.5% in the 3rd quarter. State Street Corp now owns 2,827,183 shares of the company's stock worth $28,583,000 after purchasing an additional 244,322 shares in the last quarter. Finally, DAVENPORT & Co LLC boosted its holdings in shares of Janus International Group by 13.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,263,858 shares of the company's stock worth $24,054,000 after purchasing an additional 397,301 shares during the last quarter. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Separately, KeyCorp cut their price target on Janus International Group from $11.00 to $9.00 and set an "overweight" rating for the company in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $9.75.

Janus International Group Trading Down 0.7 %

NYSE:JBI traded down $0.05 on Friday, hitting $6.29. The stock had a trading volume of 1,621,007 shares, compared to its average volume of 2,025,155. The company has a fifty day moving average price of $7.79 and a two-hundred day moving average price of $8.02. Janus International Group, Inc. has a 1-year low of $6.05 and a 1-year high of $15.35. 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 has a market cap of $881.85 million, a price-to-earnings ratio of 8.73 and a beta of 1.09.

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.