186,248 Janus International Group, Inc. $JBI Shares Sold by CenterBook Partners LP

CenterBook Partners LP cut its position in Janus International Group, Inc. (NYSE:JBI) by 16.9% in the third quarter, Holdings Channel reports. The firm owned 914,547 shares of the company’s stock after selling 186,248 shares during the period. CenterBook Partners LP’s holdings in Janus International Group were worth $3,740,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Villanova Investment Management Co grew its stake in Janus International Group by 22.5% during the 3rd quarter. Villanova Investment Management Co now owns 401,369 shares of the company’s stock worth $1,642,000 after buying an additional 73,710 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of Janus International Group in the third quarter valued at approximately $54,000. Vise Technologies Inc. purchased a new position in shares of Janus International Group during the third quarter worth approximately $62,000. MGO One Seven LLC grew its position in shares of Janus International Group by 18.8% during the third quarter. MGO One Seven LLC now owns 40,770 shares of the company’s stock worth $167,000 after acquiring an additional 6,449 shares during the last quarter. Finally, State of Wyoming increased its holdings in shares of Janus International Group by 22.5% in the 3rd quarter. State of Wyoming now owns 78,595 shares of the company’s stock valued at $321,000 after acquiring an additional 14,448 shares during the period. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Trading Down 2.4%

Shares of JBI opened at $4.66 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.50 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $635.13 million, a P/E ratio of 19.40 and a beta of 1.37. Janus International Group, Inc. has a twelve month low of $4.01 and a twelve month high of $7.48. The firm’s 50-day moving average is $4.46 and its two-hundred day moving average is $5.33.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. Janus International Group had a net margin of 3.68% and a return on equity of 11.27%. The business had revenue of $233.50 million during the quarter, compared to the consensus estimate of $238.78 million. During the same period in the previous year, the firm posted $0.20 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, research analysts predict that Janus International Group, Inc. will post 0.53 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

JBI has been the subject of several research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, September 21st. UBS Group decreased their target price 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 analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $7.30.

Janus International Group Profile

Janus International Group, Inc (NYSE:JBI) is a global manufacturer and supplier of building products and technology solutions for the self-storage and commercial construction industries. The company provides systems designed to support the development, renovation, operation and security of storage facilities and other commercial properties.

Its products and services include roll-up doors, hallway systems, relocatable storage units, facility and building components, and access-control solutions.