Dimensional Fund Advisors LP Has $2.73 Million Holdings in The Joint Corp. (NASDAQ:JYNT)

Dimensional Fund Advisors LP boosted its position in shares of The Joint Corp. (NASDAQ:JYNT) by 9.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 194,139 shares of the company’s stock after purchasing an additional 17,268 shares during the period. Dimensional Fund Advisors LP owned 1.30% of Joint worth $2,730,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JYNT. Sierra Summit Advisors LLC purchased a new stake in Joint in the 4th quarter worth about $652,000. Ancora Advisors LLC increased its position in Joint by 105.0% during the first quarter. Ancora Advisors LLC now owns 99,212 shares of the company’s stock worth $1,296,000 after buying an additional 50,815 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Joint by 47.7% in the second quarter. American Century Companies Inc. now owns 24,170 shares of the company’s stock worth $340,000 after buying an additional 7,804 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Joint during the second quarter worth approximately $1,115,000. Finally, Bridge City Capital LLC boosted its holdings in shares of Joint by 75.2% during the 1st quarter. Bridge City Capital LLC now owns 22,115 shares of the company’s stock worth $289,000 after buying an additional 9,492 shares during the period. 76.88% of the stock is owned by institutional investors and hedge funds.

Joint Price Performance

Joint stock opened at $10.68 on Friday. The Joint Corp. has a fifty-two week low of $7.31 and a fifty-two week high of $17.82. The firm has a market cap of $159.92 million, a price-to-earnings ratio of -14.24 and a beta of 1.57. The firm has a fifty day moving average price of $11.43 and a two-hundred day moving average price of $13.16.

Joint (NASDAQ:JYNT) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). Joint had a positive return on equity of 2.17% and a negative net margin of 12.00%. The firm had revenue of $30.26 million during the quarter, compared to the consensus estimate of $29.65 million. As a group, sell-side analysts expect that The Joint Corp. will post 0.13 earnings per share for the current year.

About Joint

The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.