Janus International Group, Inc. (NYSE:JBI) Shares Sold by Wasatch Advisors LP

Wasatch Advisors LP cut its position in Janus International Group, Inc. (NYSE:JBI - Free Report) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,499,063 shares of the company's stock after selling 191,026 shares during the quarter. Wasatch Advisors LP owned 3.19% of Janus International Group worth $33,068,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in JBI. Federated Hermes Inc. grew its stake in shares of Janus International Group by 109.3% during the fourth quarter. Federated Hermes Inc. now owns 4,798 shares of the company's stock valued at $35,000 after acquiring an additional 2,506 shares in the last quarter. US Bancorp DE increased its holdings in Janus International Group by 108.8% during the 4th quarter. US Bancorp DE now owns 5,601 shares of the company's stock worth $41,000 after purchasing an additional 2,918 shares during the last quarter. KBC Group NV raised its position in shares of Janus International Group by 102.9% in the 4th quarter. KBC Group NV now owns 8,867 shares of the company's stock valued at $65,000 after purchasing an additional 4,496 shares in the last quarter. Xponance Inc. purchased a new position in shares of Janus International Group during the 4th quarter valued at approximately $74,000. Finally, Entropy Technologies LP acquired a new stake in shares of Janus International Group during the fourth quarter worth approximately $76,000. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Stock Performance

Shares of JBI stock traded up $0.07 on Tuesday, hitting $6.38. 126,201 shares of the stock traded hands, compared to its average volume of 2,005,282. The company's fifty day moving average is $7.56 and its 200 day moving average is $7.85. Janus International Group, Inc. has a 1-year low of $5.99 and a 1-year high of $15.35. The company has a market capitalization of $894.48 million, a PE ratio of 8.85 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.

Wall Street Analysts Forecast Growth

Separately, KeyCorp decreased 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 report on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price 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.