Tucker Asset Management LLC Makes New Investment in Janus International Group, Inc. (NYSE:JBI)

Tucker Asset Management LLC acquired a new position in shares of Janus International Group, Inc. (NYSE:JBI) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,700 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JBI. PEAK6 Investments LLC bought a new position in shares of Janus International Group in the third quarter valued at approximately $119,000. Wellington Management Group LLP bought a new position in shares of Janus International Group in the third quarter valued at approximately $26,096,000. Victory Capital Management Inc. grew its holdings in shares of Janus International Group by 56.7% in the fourth quarter. Victory Capital Management Inc. now owns 723,315 shares of the company’s stock valued at $9,439,000 after acquiring an additional 261,808 shares in the last quarter. Trexquant Investment LP grew its holdings in shares of Janus International Group by 354.4% in the fourth quarter. Trexquant Investment LP now owns 336,501 shares of the company’s stock valued at $4,391,000 after acquiring an additional 262,448 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Janus International Group by 27.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,734,570 shares of the company’s stock valued at $22,637,000 after acquiring an additional 378,478 shares in the last quarter. 88.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Janus International Group in a report on Monday, April 15th. They issued a “buy” rating and a $20.00 target price for the company. Benchmark reissued a “buy” rating and set a $21.00 price objective on shares of Janus International Group in a report on Tuesday, May 14th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.30.

Janus International Group Stock Performance

NYSE JBI traded down $0.29 on Friday, hitting $13.09. 1,146,767 shares of the stock traded hands, compared to its average volume of 1,583,951. The business’s fifty day moving average is $14.11 and its two-hundred day moving average is $13.92. Janus International Group, Inc. has a 12 month low of $9.16 and a 12 month high of $15.86. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 13.78 and a beta of 0.92. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95.

Janus International Group (NYSE:JBI) last posted its earnings results on Thursday, May 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.02. The firm had revenue of $254.50 million for the quarter, compared to the consensus estimate of $252.90 million. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 earnings per share. As a group, equities analysts anticipate that Janus International Group, Inc. will post 1.03 EPS for the current fiscal year.

Janus International Group 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.