690,300 Shares in Janus International Group, Inc. $JBI Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. acquired a new stake in shares of Janus International Group, Inc. (NYSE:JBI) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 690,300 shares of the company’s stock, valued at approximately $6,813,000.

Several other institutional investors have also made changes to their positions in JBI. Royal Bank of Canada grew its position in Janus International Group by 23.6% during the 1st quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock worth $1,084,000 after purchasing an additional 28,709 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Janus International Group by 66.4% in the first quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock worth $1,963,000 after purchasing an additional 108,809 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Janus International Group during the first quarter worth approximately $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Janus International Group by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after purchasing an additional 14,125 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Janus International Group by 118.1% in the 1st quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after buying an additional 102,679 shares during the period. 88.78% of the stock is owned by hedge funds and other institutional investors.

Janus International Group Stock Up 1.8%

JBI stock opened at $7.21 on Friday. The firm has a market cap of $1.00 billion, a PE ratio of 21.19 and a beta of 1.49. Janus International Group, Inc. has a 1 year low of $5.72 and a 1 year high of $10.80. The company has a fifty day simple moving average of $6.93 and a 200 day simple moving average of $8.23. The company has a current ratio of 3.03, a quick ratio of 2.57 and a debt-to-equity ratio of 0.96.

Wall Street Analysts Forecast Growth

JBI has been the subject of a number of research reports. Zacks Research raised shares of Janus International Group to a “hold” rating in a research note on Monday, December 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, December 29th. UBS Group lowered their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Finally, Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $10.17.

About Janus International Group

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.