Dimensional Fund Advisors LP Boosts Position in Janus International Group, Inc. $JBI

Dimensional Fund Advisors LP grew its position in Janus International Group, Inc. (NYSE:JBI) by 12.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,205,659 shares of the company’s stock after buying an additional 474,205 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Janus International Group were worth $21,657,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. First Eagle Investment Management LLC grew its stake in Janus International Group by 21.1% in the 4th quarter. First Eagle Investment Management LLC now owns 1,374,346 shares of the company’s stock valued at $8,988,000 after acquiring an additional 239,665 shares during the last quarter. Villanova Investment Management Co LLC raised its position in 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 worth $1,594,000 after acquiring an additional 101,695 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Janus International Group in the first quarter valued at about $1,301,000. Bernzott Capital Advisors increased its stake in shares of Janus International Group by 26.2% during the 1st quarter. Bernzott Capital Advisors now owns 1,076,690 shares of the company’s stock worth $5,545,000 after purchasing an additional 223,270 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of Janus International Group by 107.0% during the 4th quarter. Comerica Bank now owns 232,336 shares of the company’s stock worth $1,519,000 after purchasing an additional 120,108 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Stock Down 1.3%

JBI opened at $5.57 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.65 and a quick ratio of 2.19. The stock has a market capitalization of $772.76 million, a price-to-earnings ratio of 17.95 and a beta of 1.47. The business has a 50-day moving average of $5.31 and a two-hundred day moving average of $5.69. Janus International Group, Inc. has a 12 month low of $4.26 and a 12 month high of $10.80.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.09). Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.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 previous year, the company earned $0.13 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. On average, research analysts expect that Janus International Group, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on JBI. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research note on Wednesday, June 24th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group reduced their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned 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.

About Janus International Group

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.