Seven Six Capital Management LLC Acquires New Stake in Janus International Group, Inc. $JBI

Seven Six Capital Management LLC purchased a new stake in Janus International Group, Inc. (NYSE:JBI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 117,000 shares of the company’s stock, valued at approximately $603,000. Janus International Group accounts for about 0.6% of Seven Six Capital Management LLC’s holdings, making the stock its 25th largest position. Seven Six Capital Management LLC owned 0.08% of Janus International Group as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Clearstead Advisors LLC boosted its stake in shares of Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock valued at $35,000 after purchasing an additional 3,017 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Janus International Group by 1,978.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after acquiring an additional 5,105 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Janus International Group by 771.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock worth $59,000 after acquiring an additional 6,399 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Janus International Group in the 4th quarter valued at about $71,000. Finally, New York State Teachers Retirement System bought a new stake in shares of Janus International Group during the 4th quarter valued at about $81,000. 88.78% of the stock is currently owned by institutional investors.

Janus International Group Price Performance

Shares of Janus International Group stock opened at $5.14 on Thursday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.19 and a current ratio of 2.65. Janus International Group, Inc. has a 52-week low of $4.26 and a 52-week high of $10.80. The company has a fifty day moving average of $5.29 and a 200-day moving average of $5.75. The stock has a market capitalization of $714.43 million, a price-to-earnings ratio of 16.60 and a beta of 1.46.

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

Analyst Ratings Changes

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

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.