Anchor Capital Management Company LLC Trims Position in Janus International Group, Inc. (NYSE:JBI)

Anchor Capital Management Company LLC cut its stake in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 63.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 360,000 shares of the company's stock after selling 615,000 shares during the period. Janus International Group makes up 2.3% of Anchor Capital Management Company LLC's investment portfolio, making the stock its 8th biggest holding. Anchor Capital Management Company LLC owned 0.26% of Janus International Group worth $2,646,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of JBI. Barclays PLC lifted its stake in shares of Janus International Group by 216.2% in the third quarter. Barclays PLC now owns 235,897 shares of the company's stock valued at $2,385,000 after purchasing an additional 161,290 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Janus International Group in the 3rd quarter worth about $255,000. Principal Financial Group Inc. increased its holdings in Janus International Group by 854.2% during the 3rd quarter. Principal Financial Group Inc. now owns 182,876 shares of the company's stock valued at $1,849,000 after acquiring an additional 163,711 shares in the last quarter. JPMorgan Chase & Co. raised its position in Janus International Group by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 7,125,266 shares of the company's stock worth $72,036,000 after acquiring an additional 435,721 shares during the last quarter. Finally, Bernzott Capital Advisors grew its position in shares of Janus International Group by 39.0% in the fourth quarter. Bernzott Capital Advisors now owns 963,823 shares of the company's stock valued at $7,084,000 after purchasing an additional 270,480 shares during the last quarter. Hedge funds and other institutional investors own 88.78% of the company's stock.

Janus International Group Trading Down 0.8 %

NYSE:JBI traded down $0.06 during trading hours on Tuesday, reaching $7.24. 921,813 shares of the company were exchanged, compared to its average volume of 1,991,519. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 10.06 and a beta of 1.20. The stock has a 50 day simple moving average of $7.29 and a 200 day simple moving average of $7.63. Janus International Group, Inc. has a 52-week low of $5.99 and a 52-week high of $15.24. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.80 and a quick ratio of 2.39.

Analysts Set New Price Targets

Separately, KeyCorp reduced their target price on 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 investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Janus International Group has a consensus rating of "Hold" and an average target price of $9.75.

Janus International Group Company 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.