James Hardie Industries plc (NYSE:JHX) Shares Acquired by Simplicity Solutions LLC

Simplicity Solutions LLC boosted its holdings in shares of James Hardie Industries plc (NYSE:JHX) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,124 shares of the construction company’s stock after purchasing an additional 623 shares during the period. Simplicity Solutions LLC’s holdings in James Hardie Industries were worth $469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Clarius Group LLC lifted its stake in James Hardie Industries by 61.8% during the fourth quarter. Clarius Group LLC now owns 14,583 shares of the construction company’s stock valued at $564,000 after purchasing an additional 5,568 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of James Hardie Industries by 39.8% during the fourth quarter. Cerity Partners LLC now owns 21,023 shares of the construction company’s stock valued at $813,000 after acquiring an additional 5,981 shares during the period. Aaron Wealth Advisors LLC acquired a new stake in shares of James Hardie Industries during the fourth quarter valued at approximately $223,000. Sequoia Financial Advisors LLC raised its holdings in shares of James Hardie Industries by 17.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 12,264 shares of the construction company’s stock valued at $474,000 after acquiring an additional 1,853 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in shares of James Hardie Industries by 5.4% during the fourth 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 period. 7.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Bank of America lowered shares of James Hardie Industries from a “neutral” rating to an “underperform” rating and set a $35.50 price target on the stock. in a report on Tuesday, January 23rd. StockNews.com lowered shares of James Hardie Industries from a “strong-buy” rating to a “buy” rating in a report on Tuesday.

James Hardie Industries Stock Down 1.3 %

James Hardie Industries stock opened at $34.28 on Friday. The firm has a market cap of $14.94 billion, a PE ratio of 28.33, a P/E/G ratio of 1.66 and a beta of 1.69. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.46 and a current ratio of 1.89. The firm’s 50 day moving average price is $38.80 and its two-hundred day moving average price is $34.65. James Hardie Industries plc has a twelve month low of $21.76 and a twelve month high of $41.98.

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, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $978.30 million for the quarter, compared to analyst estimates of $960.23 million. James Hardie Industries had a net margin of 13.93% and a return on equity of 38.75%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. On average, research analysts predict that James Hardie Industries plc will post 1.6 EPS for the current fiscal year.

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.