New York State Common Retirement Fund Has $4.29 Million Stock Position in Janus International Group, Inc. (NYSE:JBI)

New York State Common Retirement Fund boosted its holdings in shares of Janus International Group, Inc. (NYSE:JBI) by 51.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,026 shares of the company’s stock after buying an additional 111,662 shares during the period. New York State Common Retirement Fund owned about 0.22% of Janus International Group worth $4,294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JBI. Handelsbanken Fonder AB acquired a new stake in shares of Janus International Group in the 4th quarter valued at $325,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Janus International Group by 17.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,833 shares of the company’s stock valued at $285,000 after purchasing an additional 3,309 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Janus International Group by 53.8% in the 4th quarter. Mutual of America Capital Management LLC now owns 248,767 shares of the company’s stock valued at $3,246,000 after purchasing an additional 87,047 shares in the last quarter. Kendall Capital Management acquired a new stake in shares of Janus International Group in the 4th quarter valued at $176,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Janus International Group by 59.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,460,759 shares of the company’s stock valued at $71,263,000 after purchasing an additional 2,027,286 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on JBI. Jefferies Financial Group initiated coverage on Janus International Group in a report on Monday, April 15th. They issued a “buy” rating and a $20.00 price target for the company. Benchmark reduced their price target on shares of Janus International Group from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, March 1st. One equities research 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 company has an average rating of “Moderate Buy” and an average price target of $16.30.

Insider Buying and Selling at Janus International Group

In other news, CEO Ramey Pierce Jackson sold 100,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total value of $1,526,000.00. Following the transaction, the chief executive officer now owns 564,510 shares of the company’s stock, valued at approximately $8,614,422.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Morgan Hodges sold 150,000 shares of Janus International Group stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares of the company’s stock, valued at approximately $3,110,979.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ramey Pierce Jackson sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the transaction, the chief executive officer now owns 564,510 shares of the company’s stock, valued at approximately $8,614,422.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 340,000 shares of company stock valued at $5,189,300. 42.90% of the stock is currently owned by insiders.

Janus International Group Stock Down 0.1 %

Shares of NYSE JBI opened at $13.78 on Monday. The firm’s 50-day simple moving average is $14.68 and its 200 day simple moving average is $13.14. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 14.98 and a beta of 0.95. The company has a quick ratio of 2.38, a current ratio of 2.66 and a debt-to-equity ratio of 1.17. Janus International Group, Inc. has a 12-month low of $8.66 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI) last issued its earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $263.70 million during the quarter, compared to the consensus estimate of $284.01 million. Janus International Group had a net margin of 12.73% and a return on equity of 30.00%. The firm’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.22 EPS. On average, research analysts expect that Janus International Group, Inc. will post 1 earnings per share for the current fiscal year.

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.