Marshall Wace LLP Buys Shares of 645,259 Janus International Group, Inc. (NYSE:JBI)

Marshall Wace LLP acquired a new stake in Janus International Group, Inc. (NYSE:JBI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 645,259 shares of the company's stock, valued at approximately $4,743,000. Marshall Wace LLP owned approximately 0.46% of Janus International Group at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of JBI. Federated Hermes Inc. lifted its position 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 valued at $35,000 after buying an additional 2,506 shares during the last quarter. US Bancorp DE grew its stake in Janus International Group by 108.8% in 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 during the last quarter. KBC Group NV boosted its holdings in shares of Janus International Group by 102.9% during the fourth quarter. KBC Group NV now owns 8,867 shares of the company's stock worth $65,000 after acquiring an additional 4,496 shares during the period. Xponance Inc. acquired a new stake in shares of Janus International Group during the fourth quarter worth $74,000. Finally, Entropy Technologies LP bought a new stake in shares of Janus International Group in the fourth quarter valued at about $76,000. Institutional investors and hedge funds own 88.78% of the company's stock.

Wall Street Analyst Weigh In

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

Janus International Group Price Performance

JBI stock traded down $0.15 during midday trading on Wednesday, reaching $6.91. The company had a trading volume of 1,285,195 shares, compared to its average volume of 2,005,359. The company has a market capitalization of $969.55 million, a price-to-earnings ratio of 9.60 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. Janus International Group, Inc. has a 1-year low of $5.99 and a 1-year high of $15.24. The stock has a 50 day moving average price of $7.37 and a 200-day moving average price of $7.73.

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.