Raymond James Financial Inc. Buys Shares of 924,791 Janus International Group, Inc. (NYSE:JBI)

Raymond James Financial Inc. purchased a new position in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 924,791 shares of the company's stock, valued at approximately $6,797,000. Raymond James Financial Inc. owned about 0.66% of Janus International Group at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. FMR LLC grew its position in shares of Janus International Group by 74.9% during the 4th quarter. FMR LLC now owns 14,544,033 shares of the company's stock worth $106,899,000 after buying an additional 6,227,738 shares during the period. River Road Asset Management LLC boosted its position in shares of Janus International Group by 536.5% during the fourth quarter. River Road Asset Management LLC now owns 5,197,675 shares of the company's stock worth $38,203,000 after purchasing an additional 4,381,017 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Janus International Group by 31.0% in the 4th quarter. JPMorgan Chase & Co. now owns 9,332,406 shares of the company's stock valued at $68,593,000 after buying an additional 2,207,140 shares during the period. Cooke & Bieler LP increased its position in shares of Janus International Group by 25.9% in the 4th quarter. Cooke & Bieler LP now owns 7,549,000 shares of the company's stock valued at $55,485,000 after buying an additional 1,551,545 shares in the last quarter. Finally, Royce & Associates LP raised its stake in Janus International Group by 52.4% during the 4th quarter. Royce & Associates LP now owns 1,866,053 shares of the company's stock worth $13,715,000 after buying an additional 641,460 shares during the period. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Janus International Group Trading Down 0.5 %

Shares of JBI traded down $0.04 during mid-day trading on Tuesday, reaching $6.93. 80,461 shares of the company were exchanged, compared to its average volume of 2,000,979. The business has a 50 day simple moving average of $7.40 and a two-hundred day simple moving average of $7.74. 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 quick ratio of 2.39 and a current ratio of 2.80. The stock has a market capitalization of $971.65 million, a PE ratio of 9.60 and a beta of 1.09.

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.