RBF Capital LLC Has $7.22 Million Holdings in Janus International Group, Inc. $JBI

RBF Capital LLC lifted its position in Janus International Group, Inc. (NYSE:JBI) by 33.6% in the 1st quarter, Holdings Channel reports. The fund owned 1,401,614 shares of the company’s stock after buying an additional 352,430 shares during the period. RBF Capital LLC’s holdings in Janus International Group were worth $7,218,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JBI. First Eagle Investment Management LLC lifted its holdings in shares of Janus International Group by 21.1% in the fourth quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock valued at $8,988,000 after purchasing an additional 239,665 shares in the last quarter. Villanova Investment Management Co LLC grew its holdings in shares of Janus International Group by 71.6% during the fourth quarter. Villanova Investment Management Co LLC now owns 243,665 shares of the company’s stock valued at $1,594,000 after buying an additional 101,695 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Janus International Group during the first quarter valued at $1,301,000. Comerica Bank raised its position in Janus International Group by 107.0% during the fourth quarter. Comerica Bank now owns 232,336 shares of the company’s stock valued at $1,519,000 after buying an additional 120,108 shares during the period. Finally, Bernzott Capital Advisors raised its position in Janus International Group by 26.2% during the first quarter. Bernzott Capital Advisors now owns 1,076,690 shares of the company’s stock valued at $5,545,000 after buying an additional 223,270 shares during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on JBI shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research note on Wednesday, June 24th. Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group decreased their price target on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $8.33.

Janus International Group Price Performance

Shares of NYSE:JBI opened at $5.14 on Thursday. The firm has a market cap of $714.43 million, a price-to-earnings ratio of 16.60 and a beta of 1.46. Janus International Group, Inc. has a 1 year low of $4.26 and a 1 year high of $10.80. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. The business has a fifty day simple moving average of $5.29 and a 200 day simple moving average of $5.75.

Janus International Group (NYSE:JBI) last issued its earnings results on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The firm had revenue of $222.70 million during the quarter, compared to analysts’ expectations of $219.21 million. During the same quarter last year, the firm earned $0.13 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, sell-side analysts predict that Janus International Group, Inc. will post 0.5 earnings per share for the current fiscal year.

Janus International Group Company 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.