Janus International Group, Inc. (NYSE:JBI) Stock Position Increased by Natixis Advisors L.P.

Natixis Advisors L.P. boosted its stake in Janus International Group, Inc. (NYSE:JBI - Free Report) by 38.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 715,388 shares of the company's stock after acquiring an additional 198,472 shares during the quarter. Natixis Advisors L.P. owned 0.49% of Janus International Group worth $9,335,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JBI. Parkside Financial Bank & Trust increased its position in shares of Janus International Group by 67.6% during the third quarter. Parkside Financial Bank & Trust now owns 4,326 shares of the company's stock worth $46,000 after purchasing an additional 1,745 shares in the last quarter. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Janus International Group during the fourth quarter worth $52,000. PEAK6 Investments LLC acquired a new stake in shares of Janus International Group in the third quarter valued at about $119,000. M&T Bank Corp purchased a new position in shares of Janus International Group in the third quarter worth about $142,000. Finally, Quadrature Capital Ltd acquired a new position in Janus International Group during the third quarter worth about $145,000. Hedge funds and other institutional investors own 88.78% of the company's stock.

Wall Street Analyst Weigh In

JBI has been the subject of a number of recent research reports. Jefferies Financial Group began coverage on shares of Janus International Group in a report on Monday, April 15th. They issued a "buy" rating and a $20.00 price objective for the company. Benchmark reduced their price objective on Janus International Group from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Friday, March 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.30.

Insider Buying and Selling at Janus International Group

In other news, EVP Morgan Hodges sold 150,000 shares of the company's stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $2,289,000.00. Following the transaction, the executive vice president now directly owns 203,865 shares in the company, valued at approximately $3,110,979.90. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Janus International Group news, CEO Ramey Pierce Jackson sold 100,000 shares of the business's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the sale, the chief executive officer now directly owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Morgan Hodges sold 150,000 shares of the firm's stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the completion of the transaction, the executive vice president now directly owns 203,865 shares of the company's stock, valued at approximately $3,110,979.90. The disclosure for this sale can be found here. Insiders sold a total of 340,000 shares of company stock worth $5,189,300 over the last three months. Insiders own 42.90% of the company's stock.

Janus International Group Trading Up 4.2 %

Shares of Janus International Group stock traded up $0.56 during mid-day trading on Thursday, hitting $13.96. The stock had a trading volume of 3,692,653 shares, compared to its average volume of 1,541,465. The firm has a 50-day moving average of $14.61 and a two-hundred day moving average of $13.20. The firm has a market cap of $2.05 billion, a P/E ratio of 14.57 and a beta of 0.95. The company has a quick ratio of 2.38, a current ratio of 2.66 and a debt-to-equity ratio of 1.17. Janus International Group, Inc. has a 12-month low of $8.66 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. The business had revenue of $263.70 million during the quarter, compared to analysts' expectations of $284.01 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company's revenue was down 5.7% on a year-over-year basis. Sell-side analysts forecast that Janus International Group, Inc. will post 1 earnings per share for the current year.

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.