Choreo LLC Increases Position in Janus International Group, Inc. (NYSE:JBI)

Choreo LLC grew its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 56.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,983 shares of the company’s stock after acquiring an additional 20,143 shares during the period. Choreo LLC’s holdings in Janus International Group were worth $413,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC raised its stake in Janus International Group by 9.6% during the third quarter. SG Americas Securities LLC now owns 49,071 shares of the company’s stock valued at $496,000 after buying an additional 4,295 shares during the last quarter. Harbour Capital Advisors LLC boosted its stake in Janus International Group by 82.0% in the 3rd quarter. Harbour Capital Advisors LLC now owns 23,200 shares of the company’s stock worth $229,000 after purchasing an additional 10,450 shares in the last quarter. Raymond James & Associates boosted its stake in Janus International Group by 28.7% in the 3rd quarter. Raymond James & Associates now owns 379,673 shares of the company’s stock worth $3,838,000 after purchasing an additional 84,718 shares in the last quarter. Bernzott Capital Advisors increased its stake in Janus International Group by 32.7% during the 3rd quarter. Bernzott Capital Advisors now owns 693,343 shares of the company’s stock valued at $7,010,000 after purchasing an additional 171,038 shares in the last quarter. Finally, River Road Asset Management LLC purchased a new position in Janus International Group in the third quarter worth about $8,256,000. 88.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

JBI has been the topic of a number of recent analyst reports. Jefferies Financial Group cut shares of Janus International Group from a “buy” rating to a “hold” rating and cut their price target for the company from $12.00 to $7.50 in a report on Monday, November 4th. KeyCorp cut their target price on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Finally, UBS Group decreased their price target on Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.25.

Janus International Group Stock Down 1.6 %

Shares of Janus International Group stock opened at $8.18 on Thursday. Janus International Group, Inc. has a twelve month low of $6.68 and a twelve month high of $15.86. 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 company’s 50 day moving average is $7.69 and its 200 day moving average is $9.02. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 11.36 and a beta of 0.92.

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.