River Road Asset Management LLC Acquires 95,032 Shares of Janus International Group, Inc. $JBI

River Road Asset Management LLC increased its holdings in Janus International Group, Inc. (NYSE:JBI) by 2.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,567,960 shares of the company’s stock after purchasing an additional 95,032 shares during the period. River Road Asset Management LLC owned approximately 3.29% of Janus International Group worth $29,874,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cooke & Bieler LP lifted its stake in Janus International Group by 12.7% in the fourth quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock worth $50,661,000 after purchasing an additional 874,131 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Janus International Group by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 5,861,752 shares of the company’s stock worth $38,336,000 after buying an additional 92,804 shares during the period. Wasatch Advisors LP lifted its stake in shares of Janus International Group by 37.5% in the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after acquiring an additional 1,435,777 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Janus International Group by 10.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,103,573 shares of the company’s stock valued at $33,402,000 after acquiring an additional 381,462 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Janus International Group by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,731,454 shares of the company’s stock worth $24,404,000 after acquiring an additional 76,460 shares during the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Up 4.8%

Shares of NYSE JBI opened at $5.38 on Friday. The firm has a fifty day simple moving average of $5.24 and a two-hundred day simple moving average of $6.01. Janus International Group, Inc. has a 12 month low of $4.26 and a 12 month 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 firm has a market capitalization of $747.76 million, a PE ratio of 17.37 and a beta of 1.48.

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 the consensus estimate 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 company had revenue of $222.70 million for the quarter, compared to analysts’ expectations of $219.21 million. During the same quarter in the prior year, the firm earned $0.13 EPS. Janus International Group’s quarterly revenue was up 5.8% compared to the same quarter last year. Equities analysts expect that Janus International Group, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

JBI has been the subject of a number of analyst reports. UBS Group dropped their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. Finally, KeyCorp dropped their target price on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.