Principal Financial Group Inc. purchased a new position in shares of James Hardie Industries PLC. (NYSE:JHX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 36,434 shares of the construction company’s stock, valued at approximately $575,000.

A number of other large investors have also recently made changes to their positions in JHX. US Bancorp DE increased its stake in James Hardie Industries PLC. by 34.4% during the first quarter. US Bancorp DE now owns 8,325 shares of the construction company’s stock worth $133,000 after acquiring an additional 2,130 shares during the last quarter. Wetherby Asset Management Inc. increased its stake in James Hardie Industries PLC. by 9.8% during the second quarter. Wetherby Asset Management Inc. now owns 23,369 shares of the construction company’s stock worth $369,000 after acquiring an additional 2,082 shares during the last quarter. Comerica Bank increased its stake in James Hardie Industries PLC. by 1.4% during the first quarter. Comerica Bank now owns 25,331 shares of the construction company’s stock worth $426,000 after acquiring an additional 345 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in James Hardie Industries PLC. by 8.2% during the first quarter. Goldman Sachs Group Inc. now owns 35,800 shares of the construction company’s stock worth $566,000 after acquiring an additional 2,720 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in James Hardie Industries PLC. by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 71,212 shares of the construction company’s stock worth $1,125,000 after acquiring an additional 297 shares during the last quarter. Institutional investors own 0.83% of the company’s stock.

Separately, BidaskClub upgraded James Hardie Industries PLC. from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th.

Shares of James Hardie Industries PLC. (NYSE:JHX) opened at 13.69 on Friday. James Hardie Industries PLC. has a 1-year low of $13.55 and a 1-year high of $17.28. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 24.49 and a beta of 1.15. The stock has a 50 day moving average price of $14.10 and a 200-day moving average price of $15.09.

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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.

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

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