BNP Paribas Financial Markets Invests $543,000 in Janus International Group, Inc. (NYSE:JBI)

BNP Paribas Financial Markets bought a new stake in Janus International Group, Inc. (NYSE:JBI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 73,868 shares of the company's stock, valued at approximately $543,000. BNP Paribas Financial Markets owned approximately 0.05% of Janus International Group at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in Janus International Group by 17.9% during the 4th quarter. Jane Street Group LLC now owns 86,976 shares of the company's stock worth $639,000 after purchasing an additional 13,220 shares during the last quarter. Comerica Bank lifted its stake in Janus International Group by 103.4% in the 4th quarter. Comerica Bank now owns 14,241 shares of the company's stock worth $105,000 after purchasing an additional 7,241 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Janus International Group by 11.1% during the 4th quarter. Northern Trust Corp now owns 1,351,719 shares of the company's stock worth $9,935,000 after purchasing an additional 134,525 shares during the last quarter. RBF Capital LLC acquired a new stake in shares of Janus International Group in the 4th quarter worth $956,000. Finally, Price T Rowe Associates Inc. MD raised its stake in Janus International Group by 20.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 55,809 shares of the company's stock worth $411,000 after purchasing an additional 9,482 shares during the period. 88.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, KeyCorp raised their target price on Janus International Group from $9.00 to $10.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $10.00.

Janus International Group Trading Up 0.6%

Shares of Janus International Group stock traded up $0.05 on Thursday, reaching $8.23. The company had a trading volume of 1,683,484 shares, compared to its average volume of 1,953,347. The firm's 50 day moving average price is $7.32 and its two-hundred day moving average price is $7.62. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.39 and a current ratio of 2.80. Janus International Group, Inc. has a 52-week low of $5.99 and a 52-week high of $15.24. The firm has a market cap of $1.15 billion, a PE ratio of 11.43 and a beta of 1.20.

Janus International Group (NYSE:JBI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.05. The business had revenue of $210.50 million during the quarter, compared to analysts' expectations of $200.73 million. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The company's revenue was down 17.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.21 earnings per share. Sell-side analysts predict that Janus International Group, Inc. will post 0.54 earnings per share for the current fiscal year.

Janus International Group declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 15th that allows the company to repurchase $75.00 million in shares. This repurchase authorization allows the company to buy up to 6.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

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.