Signaturefd LLC Increases Stock Position in James Hardie Industries plc (NYSE:JHX)

Signaturefd LLC increased its position in James Hardie Industries plc (NYSE:JHX) by 4.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,864 shares of the construction company’s stock after purchasing an additional 921 shares during the quarter. Signaturefd LLC’s holdings in James Hardie Industries were worth $768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in JHX. Clarius Group LLC boosted its stake in James Hardie Industries by 5.0% during the 3rd quarter. Clarius Group LLC now owns 9,015 shares of the construction company’s stock valued at $237,000 after acquiring an additional 432 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in James Hardie Industries by 4.7% during the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 9,690 shares of the construction company’s stock valued at $254,000 after acquiring an additional 433 shares during the last quarter. Mariner LLC boosted its stake in James Hardie Industries by 1.8% during the 3rd quarter. Mariner LLC now owns 35,483 shares of the construction company’s stock valued at $931,000 after acquiring an additional 612 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in James Hardie Industries by 5.4% during the 4th quarter. Bleakley Financial Group LLC now owns 12,124 shares of the construction company’s stock valued at $469,000 after acquiring an additional 623 shares during the last quarter. Finally, Simplicity Solutions LLC boosted its stake in James Hardie Industries by 5.4% during the 4th quarter. Simplicity Solutions LLC now owns 12,124 shares of the construction company’s stock valued at $469,000 after acquiring an additional 623 shares during the last quarter. 7.96% of the stock is currently owned by hedge funds and other institutional investors.

James Hardie Industries Stock Up 3.2 %

Shares of NYSE:JHX opened at $35.52 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.46 and a current ratio of 1.89. James Hardie Industries plc has a 1-year low of $21.76 and a 1-year high of $41.98. The company’s fifty day moving average is $38.64 and its two-hundred day moving average is $34.98. The stock has a market capitalization of $15.48 billion, a price-to-earnings ratio of 29.36, a price-to-earnings-growth ratio of 1.62 and a beta of 1.69.

James Hardie Industries (NYSE:JHX) last released its quarterly earnings data on Monday, February 12th. The construction company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. James Hardie Industries had a net margin of 13.93% and a return on equity of 38.75%. The business had revenue of $978.30 million for the quarter, compared to analysts’ expectations of $960.23 million. During the same quarter last year, the company earned $0.29 EPS. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities analysts anticipate that James Hardie Industries plc will post 1.6 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on JHX shares. StockNews.com downgraded shares of James Hardie Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 16th. Bank of America cut shares of James Hardie Industries from a “neutral” rating to an “underperform” rating and set a $35.50 target price on the stock. in a report on Tuesday, January 23rd.

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.