Wealthcare Advisory Partners LLC Sells 6,243 Shares of Janus International Group, Inc. $JBI

Wealthcare Advisory Partners LLC lowered its position in Janus International Group, Inc. (NYSE:JBI) by 22.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,832 shares of the company’s stock after selling 6,243 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Janus International Group were worth $178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Janus International Group by 9.8% in the second quarter. Janney Montgomery Scott LLC now owns 54,067 shares of the company’s stock valued at $440,000 after purchasing an additional 4,808 shares during the period. Kendall Capital Management boosted its holdings in shares of Janus International Group by 12.7% in the second quarter. Kendall Capital Management now owns 14,975 shares of the company’s stock valued at $122,000 after purchasing an additional 1,685 shares during the period. Wedge Capital Management L L P NC boosted its holdings in shares of Janus International Group by 72.2% in the second quarter. Wedge Capital Management L L P NC now owns 278,333 shares of the company’s stock valued at $2,266,000 after purchasing an additional 116,688 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Janus International Group by 17.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 11,759 shares of the company’s stock valued at $106,000 after purchasing an additional 1,754 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of Janus International Group by 118.1% in the first quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after purchasing an additional 102,679 shares during the period. Institutional investors own 88.78% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on JBI shares. Jefferies Financial Group boosted their price objective on shares of Janus International Group from $9.00 to $10.00 and gave the stock a “hold” rating in a research note on Wednesday, August 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Janus International Group in a research note on Wednesday. Wall Street Zen raised shares of Janus International Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. KeyCorp upped their price target on Janus International Group from $10.00 to $12.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Finally, UBS Group upped their price target on Janus International Group from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $10.67.

Janus International Group Trading Down 2.5%

JBI stock opened at $9.44 on Friday. The company’s 50-day simple moving average is $10.03 and its 200-day simple moving average is $8.64. The company has a quick ratio of 2.26, a current ratio of 2.61 and a debt-to-equity ratio of 1.00. Janus International Group, Inc. has a 52-week low of $5.99 and a 52-week high of $10.80. The firm has a market cap of $1.31 billion, a P/E ratio of 30.45 and a beta of 1.34.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Monday, March 28th. The company reported $0.24 earnings per share for the quarter. The firm had revenue of $148.59 million for the quarter. Janus International Group had a net margin of 4.85% and a return on equity of 13.10%. As a group, equities analysts forecast that Janus International Group, Inc. will post 0.54 EPS for the current fiscal year.

About Janus International Group

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.