2 weeks Ago By ABMN Staff
James Hardie Industries plc ( NYSE:JHX – Get Free Report ) saw unusually-strong trading volume on Friday . Approximately 101,084 shares traded hands during mid-day trading, an increase of 47% from the previous session’s volume of 68,931 shares.The stock last traded at $39.
22 and had previously closed at $38.54. Analysts Set New Price Targets 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. Check Out Our Latest Stock Report on James Hardie Industries James Hardie Industries Trading Up 2.4 % James Hardie Industries ( NYSE:JHX – Get Free Report ) last announced its quarterly earnings data on Tuesday, August 13th.
The construction company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.
03. The business had revenue of $991.90 million for 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 business’s revenue was up 3.9% compared to the same quarter last year.
During the same quarter in the prior year, the company earned $0.39 earnings per share. As a group, equities research analysts anticipate that James Hardie Industries plc will post 1.
46 earnings per share for the current year. Institutional Investors Weigh In On James Hardie Industries Institutional investors have recently made changes to their positions in the company. Point72 Asset Management L.
P. bought a new position in James Hardie Industries during the second quarter valued at approximately $12,162,000. Jennison Associates LLC lifted its position in James Hardie Industries by 186.
0% during the first quarter. Jennison Associates LLC now owns 335,239 shares of the construction company’s stock valued at $13,564,000 after purchasing an additional 218,033 shares during the last quarter. Acadian Asset Management LLC lifted its position in James Hardie Industries by 39.
7% during the first quarter. Acadian Asset Management LLC now owns 313,931 shares of the construction company’s stock valued at $12,697,000 after purchasing an additional 89,165 shares during the last quarter. Boston Common Asset Management LLC bought a new position in James Hardie Industries during the second quarter valued at $1,671,000.
Finally, Goldman Sachs Group Inc. lifted its holdings in shares of James Hardie Industries by 1.1% in the 4th quarter.
Goldman Sachs Group Inc. now owns 1,002,215 shares of the construction company’s stock worth $38,756,000 after acquiring an additional 11,235 shares during the last quarter. Hedge funds and other institutional investors own 7.
96% of the company’s stock. About James Hardie Industries ( Get Free Report ) 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.
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