Aquatic Capital Management LLC Sells 59,822 Shares of Janus International Group, Inc. (NYSE:JBI)

Aquatic Capital Management LLC decreased its holdings in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 70.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,078 shares of the company's stock after selling 59,822 shares during the quarter. Aquatic Capital Management LLC's holdings in Janus International Group were worth $184,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its holdings in Janus International Group by 42.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,146 shares of the company's stock valued at $38,000 after acquiring an additional 1,544 shares during the period. LPL Financial LLC boosted its stake in shares of Janus International Group by 5.4% during the fourth quarter. LPL Financial LLC now owns 35,829 shares of the company's stock valued at $263,000 after purchasing an additional 1,839 shares during the period. Federated Hermes Inc. grew its holdings in shares of Janus International Group by 109.3% in the fourth quarter. Federated Hermes Inc. now owns 4,798 shares of the company's stock worth $35,000 after purchasing an additional 2,506 shares during the last quarter. Applied Fundamental Research LLC increased its stake in Janus International Group by 0.4% in the 4th quarter. Applied Fundamental Research LLC now owns 790,594 shares of the company's stock worth $5,811,000 after buying an additional 2,877 shares during the period. Finally, US Bancorp DE lifted its holdings in Janus International Group by 108.8% during the 4th quarter. US Bancorp DE now owns 5,601 shares of the company's stock valued at $41,000 after buying an additional 2,918 shares in the last quarter. Institutional investors own 88.78% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, KeyCorp dropped their target price on shares of Janus International Group from $11.00 to $9.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $9.75.

Janus International Group Stock Performance

JBI stock opened at $7.29 on Monday. Janus International Group, Inc. has a 1-year low of $5.99 and a 1-year high of $15.24. The business has a 50-day moving average price of $7.33 and a 200 day moving average price of $7.65. The company has a market capitalization of $1.02 billion, a P/E ratio of 10.13 and a beta of 1.09. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39.

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.

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