Quantbot Technologies LP Makes New $158,000 Investment in TrueBlue, Inc. (NYSE:TBI)

Quantbot Technologies LP bought a new stake in TrueBlue, Inc. (NYSE:TBIFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,802 shares of the business services provider’s stock, valued at approximately $158,000.

Other hedge funds have also made changes to their positions in the company. EA Series Trust bought a new stake in shares of TrueBlue in the second quarter valued at about $1,552,000. Assenagon Asset Management S.A. bought a new stake in shares of TrueBlue in the third quarter valued at about $1,451,000. Strs Ohio lifted its stake in shares of TrueBlue by 22.9% in the third quarter. Strs Ohio now owns 41,900 shares of the business services provider’s stock valued at $614,000 after buying an additional 7,800 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of TrueBlue by 0.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 762,474 shares of the business services provider’s stock valued at $13,503,000 after buying an additional 6,392 shares during the period. Finally, Royce & Associates LP lifted its stake in shares of TrueBlue by 8.8% in the second quarter. Royce & Associates LP now owns 446,639 shares of the business services provider’s stock valued at $7,910,000 after buying an additional 36,086 shares during the period. Institutional investors own 95.32% of the company’s stock.

TrueBlue Stock Performance

NYSE TBI opened at $13.22 on Monday. The firm has a 50-day simple moving average of $14.55 and a 200 day simple moving average of $14.29. TrueBlue, Inc. has a twelve month low of $10.15 and a twelve month high of $19.50. The stock has a market cap of $411.67 million, a PE ratio of -82.62, a PEG ratio of 1.85 and a beta of 1.52.

TrueBlue Profile

(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's PeopleReady segment provides general, industrial, and skilled trade staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries.

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Institutional Ownership by Quarter for TrueBlue (NYSE:TBI)

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