Natixis Advisors LLC Has $6.92 Million Stake in James Hardie Industries plc (NYSE:JHX)

Natixis Advisors LLC lifted its stake in shares of James Hardie Industries plc (NYSE:JHX - Free Report) by 317.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 172,460 shares of the construction company's stock after purchasing an additional 131,120 shares during the quarter. Natixis Advisors LLC's holdings in James Hardie Industries were worth $6,924,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its holdings in shares of James Hardie Industries by 2.6% during the third quarter. Sequoia Financial Advisors LLC now owns 12,494 shares of the construction company's stock worth $502,000 after buying an additional 318 shares in the last quarter. Blue Trust Inc. increased its holdings in James Hardie Industries by 55.7% in the 2nd quarter. Blue Trust Inc. now owns 1,045 shares of the construction company's stock worth $33,000 after purchasing an additional 374 shares in the last quarter. Bank of New York Mellon Corp raised its position in James Hardie Industries by 1.2% in the second quarter. Bank of New York Mellon Corp now owns 32,630 shares of the construction company's stock valued at $1,029,000 after purchasing an additional 375 shares during the last quarter. GAMMA Investing LLC boosted its stake 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 valued at $55,000 after purchasing an additional 432 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of James Hardie Industries by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 70,496 shares of the construction company's stock worth $2,223,000 after purchasing an additional 534 shares during the last quarter. 7.96% of the stock is owned by institutional investors.

James Hardie Industries Trading Up 2.1 %

Shares of JHX traded up $0.73 during mid-day trading on Friday, reaching $35.66. 79,494 shares of the company were exchanged, compared to its average volume of 74,822. The business has a 50 day simple moving average of $35.67 and a two-hundred day simple moving average of $34.42. James Hardie Industries plc has a 52 week low of $29.88 and a 52 week high of $43.57. The stock has a market capitalization of $15.31 billion, a PE ratio of 35.15, a PEG ratio of 4.54 and a beta of 1.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.50 and a current ratio of 2.02.

James Hardie Industries (NYSE:JHX - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The construction company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $960.80 million during the quarter, compared to analysts' expectations of $973.49 million. James Hardie Industries had a net margin of 11.16% and a return on equity of 35.93%. James Hardie Industries's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 earnings per share. On average, analysts predict that James Hardie Industries plc will post 1.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

JHX has been the subject of a number of research reports. StockNews.com upgraded shares of James Hardie Industries from a "hold" rating to a "buy" rating in a report on Wednesday. JPMorgan Chase & Co. upgraded shares of James Hardie Industries from a "neutral" rating to an "overweight" rating in a report on Wednesday, November 6th.

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.