Senvest Management LLC Purchases 1,812,602 Shares of Janus International Group, Inc. (NYSE:JBI)

Senvest Management LLC grew its position in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 47.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,671,431 shares of the company's stock after buying an additional 1,812,602 shares during the quarter. Janus International Group accounts for approximately 1.3% of Senvest Management LLC's holdings, making the stock its 21st largest position. Senvest Management LLC owned approximately 4.02% of Janus International Group worth $41,685,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JBI. Barclays PLC raised its position in Janus International Group by 10.3% in the fourth quarter. Barclays PLC now owns 260,300 shares of the company's stock worth $1,913,000 after acquiring an additional 24,403 shares during the period. CenterBook Partners LP purchased a new stake in shares of Janus International Group in the 4th quarter worth $770,000. Raymond James Financial Inc. bought a new position in Janus International Group in the 4th quarter worth $6,797,000. Invesco Ltd. lifted its position in Janus International Group by 2.9% during the fourth quarter. Invesco Ltd. now owns 1,593,888 shares of the company's stock valued at $11,715,000 after purchasing an additional 44,939 shares in the last quarter. Finally, FMR LLC grew its holdings in Janus International Group by 74.9% during the fourth quarter. FMR LLC now owns 14,544,033 shares of the company's stock valued at $106,899,000 after purchasing an additional 6,227,738 shares during the period. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Price Performance

Janus International Group stock traded up $0.34 during mid-day trading on Friday, reaching $6.40. 2,325,026 shares of the company's stock traded hands, compared to its average volume of 2,019,878. Janus International Group, Inc. has a 12-month low of $5.99 and a 12-month high of $15.35. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The stock has a 50 day moving average of $7.59 and a two-hundred day moving average of $7.90. The company has a market cap of $897.29 million, a price-to-earnings ratio of 8.88 and a beta of 1.09.

Analyst Ratings Changes

Separately, KeyCorp lowered their price objective on Janus International Group from $11.00 to $9.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, Janus International Group presently has an average rating of "Hold" and a consensus price target 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.