Janus International Group, Inc. (NYSE:JBI) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC grew its stake in shares of Janus International Group, Inc. (NYSE:JBI) by 131.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 575,474 shares of the company’s stock after purchasing an additional 326,707 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.39% of Janus International Group worth $8,707,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JBI. Tucker Asset Management LLC bought a new position in Janus International Group during the 4th quarter worth $35,000. McGlone Suttner Wealth Management Inc. bought a new stake in Janus International Group in the 4th quarter valued at about $52,000. Quadrature Capital Ltd acquired a new position in Janus International Group during the 3rd quarter valued at about $145,000. Principal Financial Group Inc. bought a new position in Janus International Group in the 1st quarter worth about $173,000. Finally, Kendall Capital Management acquired a new stake in shares of Janus International Group in the fourth quarter valued at approximately $176,000. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JBI has been the topic of several recent analyst reports. Benchmark reaffirmed a “buy” rating and set a $21.00 target price on shares of Janus International Group in a research note on Tuesday, May 14th. Jefferies Financial Group began coverage on shares of Janus International Group in a research note on Monday, April 15th. They set a “buy” rating and a $20.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Janus International Group has a consensus rating of “Moderate Buy” and a consensus price target of $16.30.

Janus International Group Price Performance

JBI stock traded up $0.13 on Tuesday, hitting $12.25. 567,320 shares of the company’s stock traded hands, compared to its average volume of 1,654,121. The company has a current ratio of 2.95, a quick ratio of 2.63 and a debt-to-equity ratio of 1.13. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 12.77 and a beta of 0.91. Janus International Group, Inc. has a 1-year low of $9.16 and a 1-year high of $15.86. The stock has a fifty day moving average of $13.47 and a 200-day moving average of $14.11.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The business had revenue of $254.50 million during the quarter, compared to analyst estimates of $252.90 million. During the same period last year, the company posted $0.18 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. On average, analysts forecast 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.