Quantinno Capital Management LP Sells 115,575 Shares of Janus International Group, Inc. $JBI

Quantinno Capital Management LP lowered its holdings in Janus International Group, Inc. (NYSE:JBI) by 40.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,861 shares of the company’s stock after selling 115,575 shares during the period. Quantinno Capital Management LP’s holdings in Janus International Group were worth $875,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JBI. Ophir Asset Management Pty Ltd purchased a new stake in shares of Janus International Group during the 4th quarter valued at $22,753,000. Wasatch Advisors LP raised its stake in shares of Janus International Group by 37.5% during the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock worth $51,940,000 after purchasing an additional 1,435,777 shares during the period. Cooke & Bieler LP boosted its holdings in shares of Janus International Group by 12.7% in the 4th quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock worth $50,661,000 after buying an additional 874,131 shares during the last quarter. Public Sector Pension Investment Board purchased a new position in shares of Janus International Group in the 4th quarter worth about $4,530,000. Finally, Anchor Capital Management Company LLC grew its position in Janus International Group by 118.0% during the fourth quarter. Anchor Capital Management Company LLC now owns 1,209,226 shares of the company’s stock valued at $7,908,000 after buying an additional 654,563 shares during the period. Institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Down 0.1%

Shares of NYSE JBI opened at $5.11 on Monday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.94 and a quick ratio of 2.50. The stock has a market capitalization of $708.88 million, a PE ratio of 21.27 and a beta of 1.47. Janus International Group, Inc. has a one year low of $4.26 and a one year high of $10.80. The business’s fifty day moving average price is $5.31 and its 200-day moving average price is $5.61.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. The company had revenue of $233.50 million during the quarter, compared to analyst estimates of $238.78 million. Janus International Group had a return on equity of 11.27% and a net margin of 3.68%.The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 EPS. On average, equities research analysts anticipate that Janus International Group, Inc. will post 0.5 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on JBI. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research report on Wednesday, June 24th. Finally, UBS Group decreased their price target on shares of Janus International Group from $6.00 to $5.60 and set a “neutral” rating for the company in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $8.20.

Janus International Group 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.