James Hardie Industries PLC. (NYSE:JHX) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

James Hardie Industries PLC. (JHX) traded up 1.84% on Friday, hitting $14.37. The stock had a trading volume of 12,195 shares. The company has a market cap of $6.34 billion, a price-to-earnings ratio of 25.71 and a beta of 1.14. James Hardie Industries PLC. has a 52-week low of $13.55 and a 52-week high of $17.30. The company has a 50 day moving average price of $14.95 and a 200-day moving average price of $15.38.

COPYRIGHT VIOLATION NOTICE: “James Hardie Industries PLC. (JHX) Upgraded at BidaskClub” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/08/19/james-hardie-industries-plc-jhx-upgraded-at-bidaskclub.html.

Several institutional investors have recently modified their holdings of JHX. Parametric Portfolio Associates LLC boosted its position in shares of James Hardie Industries PLC. by 7.0% in the second quarter. Parametric Portfolio Associates LLC now owns 856,172 shares of the construction company’s stock valued at $13,502,000 after buying an additional 55,701 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of James Hardie Industries PLC. by 50.0% in the second quarter. PNC Financial Services Group Inc. now owns 279,278 shares of the construction company’s stock valued at $4,403,000 after buying an additional 93,054 shares during the period. Aperio Group LLC boosted its position in shares of James Hardie Industries PLC. by 23.3% in the second quarter. Aperio Group LLC now owns 237,938 shares of the construction company’s stock valued at $3,752,000 after buying an additional 45,023 shares during the period. Macquarie Group Ltd. bought a new position in shares of James Hardie Industries PLC. during the fourth quarter valued at about $3,460,000. Finally, Karp Capital Management Corp bought a new position in shares of James Hardie Industries PLC. during the first quarter valued at about $3,048,000. 0.51% of the stock is owned by institutional investors and hedge funds.

About James Hardie Industries PLC.

James Hardie Industries Plc is a manufacturer of fiber cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand, and the Philippines. The Company’s operating segments are North America and Europe Fiber Cement, and Asia Pacific Fiber Cement.

Receive News & Ratings for James Hardie Industries PLC. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for James Hardie Industries PLC. and related companies with MarketBeat.com's FREE daily email newsletter.