Janus International Group, Inc. $JBI Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in Janus International Group, Inc. (NYSE:JBI) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,870,668 shares of the company’s stock after selling 268,797 shares during the period. Vanguard Group Inc. owned 9.27% of Janus International Group worth $127,033,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. AlphaQuest LLC increased its stake in shares of Janus International Group by 28.4% during the 2nd quarter. AlphaQuest LLC now owns 6,536 shares of the company’s stock worth $53,000 after purchasing an additional 1,445 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of Janus International Group by 0.5% in the second quarter. New York State Common Retirement Fund now owns 335,076 shares of the company’s stock worth $2,728,000 after acquiring an additional 1,510 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Janus International Group by 18.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,930 shares of the company’s stock valued at $136,000 after acquiring an additional 2,171 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Janus International Group by 1.4% in the second quarter. Legal & General Group Plc now owns 183,594 shares of the company’s stock valued at $1,494,000 after acquiring an additional 2,517 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Janus International Group by 4.3% during the third quarter. Envestnet Asset Management Inc. now owns 77,540 shares of the company’s stock valued at $765,000 after acquiring an additional 3,200 shares during the last quarter. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on JBI. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a report on Monday, December 29th. Wall Street Zen upgraded shares of Janus International Group from a “hold” rating to a “buy” rating in a research report on Monday. Zacks Research upgraded Janus International Group to a “hold” rating in a report on Monday, December 15th. Finally, UBS Group decreased their price objective on Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a report on Friday, November 7th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $10.17.

Janus International Group Stock Performance

Janus International Group stock opened at $6.61 on Wednesday. The company has a market cap of $917.60 million, a price-to-earnings ratio of 19.44 and a beta of 1.47. Janus International Group, Inc. has a 12 month low of $5.72 and a 12 month high of $10.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.03 and a quick ratio of 2.57. The stock’s 50-day moving average is $6.95 and its 200-day moving average is $8.07.

Janus International Group Profile

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.