Vanguard Personalized Indexing Management LLC Has $1.47 Million Stock Holdings in James Hardie Industries plc (NYSE:JHX)

Vanguard Personalized Indexing Management LLC increased its holdings in shares of James Hardie Industries plc (NYSE:JHX) by 3.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,731 shares of the construction company’s stock after acquiring an additional 1,397 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in James Hardie Industries were worth $1,470,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JHX. Atlas Capital Advisors LLC bought a new position in shares of James Hardie Industries during the 1st quarter worth approximately $30,000. Blue Trust Inc. lifted its holdings in shares of James Hardie Industries by 55.7% during the second quarter. Blue Trust Inc. now owns 1,045 shares of the construction company’s stock valued at $33,000 after acquiring an additional 374 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of James Hardie Industries by 693.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,158 shares of the construction company’s stock valued at $47,000 after purchasing an additional 1,012 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of James Hardie Industries by 38.8% in the 1st quarter. GAMMA Investing LLC now owns 1,219 shares of the construction company’s stock valued at $49,000 after purchasing an additional 341 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of James Hardie Industries in the 1st quarter worth about $71,000. Institutional investors own 7.96% of the company’s stock.

James Hardie Industries Trading Up 8.5 %

NYSE JHX opened at $42.00 on Friday. James Hardie Industries plc has a one year low of $24.28 and a one year high of $43.57. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.94 and a quick ratio of 1.44. The firm has a market cap of $18.22 billion, a P/E ratio of 36.21, a P/E/G ratio of 3.98 and a beta of 1.74. The stock’s 50-day moving average is $35.25 and its 200-day moving average is $35.22.

James Hardie Industries (NYSE:JHX) last announced its earnings results on Tuesday, August 13th. The construction company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03. The business had revenue of $991.90 million during the quarter, compared to analysts’ expectations of $1.01 billion. James Hardie Industries had a net margin of 12.78% and a return on equity of 38.01%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.39 earnings per share. Sell-side analysts anticipate that James Hardie Industries plc will post 1.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

About James Hardie Industries

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.