Crossmark Global Holdings Inc. Has $1.62 Million Stock Holdings in James Hardie Industries plc (NYSE:JHX)

Crossmark Global Holdings Inc. lifted its holdings in James Hardie Industries plc (NYSE:JHX) by 0.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,416 shares of the construction company’s stock after buying an additional 420 shares during the period. Crossmark Global Holdings Inc.’s holdings in James Hardie Industries were worth $1,615,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc acquired a new stake in shares of James Hardie Industries in the fourth quarter worth $25,000. GAMMA Investing LLC raised its holdings in shares of James Hardie Industries by 46.3% during the third quarter. GAMMA Investing LLC now owns 1,365 shares of the construction company’s stock worth $55,000 after acquiring an additional 432 shares in the last quarter. Huntington National Bank purchased a new stake in shares of James Hardie Industries during the third quarter worth $55,000. Pinpoint Asset Management Ltd purchased a new stake in shares of James Hardie Industries during the third quarter worth $64,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of James Hardie Industries during the third quarter worth $71,000. Institutional investors and hedge funds own 7.96% of the company’s stock.

James Hardie Industries Price Performance

NYSE JHX opened at $34.42 on Friday. James Hardie Industries plc has a fifty-two week low of $29.88 and a fifty-two week high of $43.57. The stock’s 50-day moving average is $33.66 and its two-hundred day moving average is $34.62. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.02 and a quick ratio of 1.50. The firm has a market cap of $14.79 billion, a P/E ratio of 34.08, a price-to-earnings-growth ratio of 4.77 and a beta of 1.80.

James Hardie Industries (NYSE:JHX) last posted its earnings results on Tuesday, November 12th. The construction company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. James Hardie Industries had a return on equity of 35.93% and a net margin of 11.16%. The company had revenue of $960.80 million for the quarter, compared to analyst estimates of $973.49 million. During the same period last year, the company earned $0.41 earnings per share. The business’s revenue was down 3.8% compared to the same quarter last year. On average, analysts anticipate that James Hardie Industries plc will post 1.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on JHX. StockNews.com lowered James Hardie Industries from a “buy” rating to a “hold” rating in a report on Wednesday, December 25th. Truist Financial began coverage on James Hardie Industries in a report on Tuesday, December 10th. They set a “buy” rating and a $45.00 price objective for the company. Finally, JPMorgan Chase & Co. upgraded James Hardie Industries from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 6th.

James Hardie Industries Company 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.