Citigroup Inc. decreased its position in shares of TrueBlue, Inc. (NYSE:TBI – Free Report) by 52.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,605 shares of the business services provider’s stock after selling 14,922 shares during the period. Citigroup Inc.’s holdings in TrueBlue were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in TBI. Quarry LP grew its position in TrueBlue by 327.2% in the first quarter. Quarry LP now owns 1,713 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 1,312 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of TrueBlue by 299.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,586 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 1,938 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in TrueBlue during the 3rd quarter worth approximately $47,000. Royal Bank of Canada lifted its stake in TrueBlue by 76.3% in the 2nd quarter. Royal Bank of Canada now owns 3,173 shares of the business services provider’s stock valued at $56,000 after purchasing an additional 1,373 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in TrueBlue in the second quarter valued at approximately $58,000. 97.15% of the stock is owned by institutional investors.
TrueBlue Trading Up 0.7 %
TrueBlue stock opened at $12.55 on Friday. The company has a market capitalization of $393.79 million, a PE ratio of -27.88 and a beta of 1.48. The stock has a 50-day moving average price of $12.61 and a two-hundred day moving average price of $13.57. TrueBlue, Inc. has a 12 month low of $10.15 and a 12 month high of $19.06.
TrueBlue Profile
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.
Further Reading
- Five stocks we like better than TrueBlue
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Technology Stocks Explained: Here’s What to Know About Tech
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- Manufacturing Stocks Investing
- Disney Stock Catches 3 Upgrades In a Single Week
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.com's FREE daily email newsletter.