DAVENPORT & Co LLC Has $24.05 Million Stock Holdings in Janus International Group, Inc. (NYSE:JBI)

DAVENPORT & Co LLC grew its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 13.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,263,858 shares of the company’s stock after purchasing an additional 397,301 shares during the period. DAVENPORT & Co LLC’s holdings in Janus International Group were worth $24,054,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KBC Group NV increased its stake in Janus International Group by 102.9% during 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. Mackenzie Financial Corp bought a new stake in shares of Janus International Group during the second quarter worth about $136,000. Holocene Advisors LP acquired a new stake in shares of Janus International Group in the 3rd quarter worth about $125,000. Atria Investments Inc lifted its position in Janus International Group by 13.4% in the 3rd quarter. Atria Investments Inc now owns 13,889 shares of the company’s stock valued at $140,000 after acquiring an additional 1,643 shares in the last quarter. Finally, Paloma Partners Management Co bought a new position in Janus International Group in the 3rd quarter valued at about $143,000. Institutional investors own 88.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Jefferies Financial Group downgraded Janus International Group from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $12.00 to $7.50 in a research note on Monday, November 4th. UBS Group lowered their price target on Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Finally, KeyCorp cut their price objective on shares of Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Janus International Group presently has an average rating of “Hold” and a consensus target price of $10.25.

Janus International Group Stock Performance

JBI stock opened at $8.31 on Monday. The business has a 50 day moving average of $7.59 and a 200-day moving average of $9.31. The firm has a market cap of $1.17 billion, a PE ratio of 11.53 and a beta of 0.91. Janus International Group, Inc. has a 12-month low of $6.68 and a 12-month high of $15.86. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11.

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.