CenterBook Partners LP Acquires Shares of 104,735 Janus International Group, Inc. (NYSE:JBI)

CenterBook Partners LP bought a new position in Janus International Group, Inc. (NYSE:JBI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 104,735 shares of the company's stock, valued at approximately $770,000. CenterBook Partners LP owned about 0.07% of Janus International Group as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JBI. Barclays PLC boosted its position in Janus International Group by 216.2% in the third quarter. Barclays PLC now owns 235,897 shares of the company's stock worth $2,385,000 after purchasing an additional 161,290 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Janus International Group by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,125,266 shares of the company's stock worth $72,036,000 after buying an additional 435,721 shares during the last quarter. Principal Financial Group Inc. grew its position in Janus International Group by 854.2% during the third quarter. Principal Financial Group Inc. now owns 182,876 shares of the company's stock valued at $1,849,000 after buying an additional 163,711 shares during the period. State Street Corp increased its holdings in Janus International Group by 9.5% during the third quarter. State Street Corp now owns 2,827,183 shares of the company's stock worth $28,583,000 after buying an additional 244,322 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in Janus International Group by 13.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,263,858 shares of the company's stock worth $24,054,000 after acquiring an additional 397,301 shares during the period. 88.78% of the stock is owned by institutional investors.

Janus International Group Price Performance

JBI traded up $0.31 during trading on Thursday, reaching $6.37. 1,017,093 shares of the company were exchanged, compared to its average volume of 2,017,403. Janus International Group, Inc. has a 12-month low of $5.99 and a 12-month high of $15.35. The company's 50-day moving average is $7.67 and its two-hundred day moving average is $7.95. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The company has a market cap of $893.08 million, a price-to-earnings ratio of 8.81 and a beta of 1.09.

Analysts Set New Price Targets

Separately, KeyCorp reduced their price objective on Janus International Group from $11.00 to $9.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $9.75.

Janus International Group Profile

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.