Schroder Investment Management Group Invests $26.10 Million in Janus International Group, Inc. (NYSE:JBI)

Schroder Investment Management Group purchased a new position in Janus International Group, Inc. (NYSE:JBIFree Report) during the fourth quarter, Holdings Channel reports. The fund purchased 2,000,215 shares of the company’s stock, valued at approximately $26,103,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Janus International Group by 16.0% in the 3rd quarter. Vanguard Group Inc. now owns 9,177,581 shares of the company’s stock worth $98,200,000 after buying an additional 1,262,994 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Janus International Group by 59.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,460,759 shares of the company’s stock worth $71,263,000 after buying an additional 2,027,286 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Janus International Group by 25.8% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 4,260,295 shares of the company’s stock worth $55,597,000 after buying an additional 873,130 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in shares of Janus International Group by 8.8% in the 4th quarter. DAVENPORT & Co LLC now owns 2,901,725 shares of the company’s stock worth $38,012,000 after buying an additional 233,654 shares during the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of Janus International Group during the 3rd quarter valued at $26,096,000. Institutional investors own 88.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on JBI. Benchmark reaffirmed a “buy” rating and set a $21.00 target price on shares of Janus International Group in a report on Tuesday, May 14th. Jefferies Financial Group began coverage on shares of Janus International Group in a report on Monday, April 15th. They set a “buy” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Janus International Group has an average rating of “Moderate Buy” and a consensus price target of $16.30.

View Our Latest Stock Report on Janus International Group

Janus International Group Trading Up 2.5 %

Shares of JBI opened at $13.28 on Tuesday. The stock has a market capitalization of $1.94 billion, a P/E ratio of 13.98 and a beta of 0.93. The company has a quick ratio of 2.63, a current ratio of 2.95 and a debt-to-equity ratio of 1.13. The firm has a fifty day simple moving average of $14.21 and a two-hundred day simple moving average of $13.87. Janus International Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.86.

Janus International Group (NYSE:JBIGet Free Report) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The business had revenue of $254.50 million during the quarter, compared to analysts’ expectations of $252.90 million. Janus International Group had a net margin of 13.14% and a return on equity of 28.95%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 EPS. On average, research analysts anticipate that Janus International Group, Inc. will post 1.03 EPS for the current year.

Janus International Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Janus International Group (NYSE:JBI)

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