Blue Trust Inc. Has $130,000 Stock Holdings in James Hardie Industries plc (NYSE:JHX)

Blue Trust Inc. grew its position in shares of James Hardie Industries plc (NYSE:JHX) by 210.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,242 shares of the construction company’s stock after acquiring an additional 2,197 shares during the quarter. Blue Trust Inc.’s holdings in James Hardie Industries were worth $130,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. boosted its position in James Hardie Industries by 693.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,158 shares of the construction company’s stock worth $47,000 after acquiring an additional 1,012 shares during the last quarter. GAMMA Investing LLC boosted its position in James Hardie Industries by 46.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,365 shares of the construction company’s stock worth $55,000 after acquiring an additional 432 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in James Hardie Industries during the 1st quarter worth approximately $71,000. Cubist Systematic Strategies LLC acquired a new position in James Hardie Industries during the 2nd quarter worth approximately $66,000. Finally, CWM LLC boosted its position in James Hardie Industries by 55.6% during the 3rd quarter. CWM LLC now owns 2,751 shares of the construction company’s stock worth $110,000 after acquiring an additional 983 shares during the last quarter. Institutional investors and hedge funds own 7.96% of the company’s stock.

James Hardie Industries Stock Down 1.9 %

JHX opened at $33.16 on Monday. James Hardie Industries plc has a 1-year low of $24.28 and a 1-year high of $43.57. The stock’s fifty day simple moving average is $36.62 and its 200 day simple moving average is $34.66. The company has a current ratio of 1.94, a quick ratio of 1.44 and a debt-to-equity ratio of 0.57. The stock has a market cap of $14.24 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 3.90 and a beta of 1.74.

James Hardie Industries (NYSE:JHX) last posted its quarterly earnings data on Tuesday, August 13th. The construction company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.03. The firm had revenue of $991.90 million for the quarter, compared to analysts’ expectations of $1.01 billion. James Hardie Industries had a return on equity of 38.01% and a net margin of 12.78%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.39 EPS. As a group, research analysts expect that James Hardie Industries plc will post 1.46 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded James Hardie Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th.

James Hardie Industries Profile

James Hardie Industries plc manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.