First Eagle Investment Management LLC Has $8.14 Million Stock Position in Janus International Group, Inc. (NYSE:JBI)

First Eagle Investment Management LLC increased its position in Janus International Group, Inc. (NYSE:JBI - Free Report) by 35.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 623,366 shares of the company's stock after purchasing an additional 163,282 shares during the quarter. First Eagle Investment Management LLC owned 0.42% of Janus International Group worth $8,135,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parkside Financial Bank & Trust boosted its stake in shares of Janus International Group by 67.6% in the third quarter. Parkside Financial Bank & Trust now owns 4,326 shares of the company's stock valued at $46,000 after purchasing an additional 1,745 shares during the period. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Janus International Group in the fourth quarter valued at $52,000. PEAK6 Investments LLC purchased a new position in shares of Janus International Group in the third quarter valued at $119,000. M&T Bank Corp purchased a new position in shares of Janus International Group in the third quarter valued at $142,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Janus International Group in the third quarter valued at $145,000. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Stock Performance

Shares of NYSE:JBI traded down $0.08 during trading on Friday, reaching $14.04. 1,115,698 shares of the company's stock traded hands, compared to its average volume of 2,114,607. The stock has a market capitalization of $2.06 billion, a P/E ratio of 14.78 and a beta of 0.95. Janus International Group, Inc. has a 12 month low of $8.66 and a 12 month high of $15.86. The company has a 50 day moving average of $14.52 and a 200-day moving average of $13.45. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.95 and a quick ratio of 2.38.

Janus International Group (NYSE:JBI - Get Free Report) last issued its earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The company had revenue of $254.50 million during the quarter, compared to the consensus estimate of $252.90 million. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. Janus International Group's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 earnings per share. On average, equities analysts expect that Janus International Group, Inc. will post 1.03 EPS for the current year.

Wall Street Analysts Forecast Growth

JBI has been the subject of several recent analyst reports. Benchmark reissued a "buy" rating and set a $21.00 price objective on shares of Janus International Group in a report on Tuesday, May 14th. Jefferies Financial Group began coverage on Janus International Group in a research note on Monday, April 15th. They set a "buy" rating and a $20.00 price objective on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $16.30.

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.