Corient Private Wealth LLC Has $564,000 Holdings in James Hardie Industries plc (NYSE:JHX)

Corient Private Wealth LLC cut its holdings in James Hardie Industries plc (NYSE:JHXFree Report) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,597 shares of the construction company’s stock after selling 451 shares during the period. Corient Private Wealth LLC’s holdings in James Hardie Industries were worth $564,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New York State Common Retirement Fund grew its stake in shares of James Hardie Industries by 357.7% in the third quarter. New York State Common Retirement Fund now owns 30,101 shares of the construction company’s stock valued at $790,000 after buying an additional 23,524 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of James Hardie Industries by 4.7% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 9,690 shares of the construction company’s stock valued at $254,000 after buying an additional 433 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of James Hardie Industries by 9.7% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 36,349 shares of the construction company’s stock valued at $954,000 after buying an additional 3,225 shares in the last quarter. FMR LLC grew its stake in shares of James Hardie Industries by 3.4% in the third quarter. FMR LLC now owns 119,208 shares of the construction company’s stock valued at $3,128,000 after buying an additional 3,934 shares in the last quarter. Finally, Balentine LLC grew its stake in shares of James Hardie Industries by 6.2% in the third quarter. Balentine LLC now owns 11,248 shares of the construction company’s stock valued at $295,000 after buying an additional 658 shares in the last quarter. 7.96% of the stock is currently owned by institutional investors and hedge funds.

James Hardie Industries Trading Up 0.2 %

JHX stock opened at $31.09 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.79 and a quick ratio of 1.37. The company has a fifty day moving average price of $35.32 and a two-hundred day moving average price of $36.46. James Hardie Industries plc has a one year low of $24.28 and a one year high of $41.98. The stock has a market cap of $13.49 billion, a price-to-earnings ratio of 26.80, a price-to-earnings-growth ratio of 2.68 and a beta of 1.69.

Wall Street Analyst Weigh In

Several research firms recently weighed in on JHX. JPMorgan Chase & Co. cut shares of James Hardie Industries from an “overweight” rating to a “neutral” rating in a research note on Tuesday, May 21st. StockNews.com cut shares of James Hardie Industries from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 21st. Finally, Macquarie raised shares of James Hardie Industries from a “neutral” rating to an “outperform” rating in a research report on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $35.50.

Check Out Our Latest Research Report on James Hardie Industries

About James Hardie Industries

(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.

Further Reading

Institutional Ownership by Quarter for James Hardie Industries (NYSE:JHX)

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