2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. increased its stake in shares of TrueBlue, Inc. ( NYSE:TBI – Free Report ) by 99.
6% in the fourth quarter, HoldingsChannel reports. The firm owned 218,552 shares of the business services provider’s stock after buying an additional 109,041 shares during the period. JPMorgan Chase & Co.
’s holdings in TrueBlue were worth $1,836,000 as of its most recent SEC filing. Other institutional investors also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of TrueBlue by 0.
3% during the third quarter. State Street Corp now owns 665,901 shares of the business services provider’s stock valued at $5,254,000 after buying an additional 1,968 shares during the last quarter. Barclays PLC lifted its position in TrueBlue by 95.
7% during the third quarter. Barclays PLC now owns 67,353 shares of the business services provider’s stock valued at $531,000 after acquiring an additional 32,940 shares during the last quarter. SG Americas Securities LLC acquired a new stake in TrueBlue in the fourth quarter valued at approximately $108,000.
Empowered Funds LLC grew its holdings in TrueBlue by 5.1% in the fourth quarter. Empowered Funds LLC now owns 172,069 shares of the business services provider’s stock worth $1,445,000 after purchasing an additional 8,327 shares during the last quarter.
Finally, Proficio Capital Partners LLC acquired a new position in shares of TrueBlue during the fourth quarter worth $978,000. Institutional investors own 97.15% of the company’s stock.
Analyst Upgrades and Downgrades Separately, StockNews.com raised TrueBlue from a “sell” rating to a “hold” rating in a research report on Sunday, March 2nd. Insiders Place Their Bets In other TrueBlue news, CEO Taryn R.
Owen acquired 12,735 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were purchased at an average price of $5.94 per share, for a total transaction of $75,645.
90. Following the completion of the purchase, the chief executive officer now directly owns 414,932 shares of the company’s stock, valued at $2,464,696.08.
The trade was a 3.17 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link .
Also, CFO Carl Schweihs bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $6.25 per share, with a total value of $62,500.
00. Following the completion of the transaction, the chief financial officer now directly owns 166,551 shares of the company’s stock, valued at $1,040,943.75.
This trade represents a 6.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here .
In the last 90 days, insiders bought 25,235 shares of company stock valued at $151,271. 5.00% of the stock is owned by company insiders.
TrueBlue Stock Performance TBI opened at $4.46 on Friday. The firm’s 50-day moving average price is $5.
39 and its 200-day moving average price is $6.94. The company has a market cap of $132.
50 million, a P/E ratio of -1.07, a price-to-earnings-growth ratio of 3.01 and a beta of 1.
42. The company has a quick ratio of 1.85, a current ratio of 1.
73 and a debt-to-equity ratio of 0.02. TrueBlue, Inc.
has a 52-week low of $3.95 and a 52-week high of $12.29.
TrueBlue ( NYSE:TBI – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 19th. The business services provider reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.
16) by $0.14. The business had revenue of $385.
95 million during the quarter, compared to analysts’ expectations of $385.04 million. TrueBlue had a negative net margin of 8.
02% and a negative return on equity of 3.90%. As a group, equities analysts anticipate that TrueBlue, Inc.
will post 0.15 EPS for the current fiscal year. About TrueBlue ( Free Report ) TrueBlue, Inc, together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico.
It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. Featured Articles Want to see what other hedge funds are holding TBI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TrueBlue, Inc. ( NYSE:TBI – Free Report ). Receive News & Ratings for TrueBlue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TrueBlue and related companies with MarketBeat.
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