TrueBlue, Inc. (NYSE:TBI) Stock Holdings Cut by Jane Street Group LLC

Jane Street Group LLC cut its position in shares of TrueBlue, Inc. (NYSE:TBI - Free Report) by 42.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,152 shares of the business services provider's stock after selling 68,336 shares during the quarter. Jane Street Group LLC owned 0.31% of TrueBlue worth $766,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its holdings in shares of TrueBlue by 2.5% during the fourth quarter. Northern Trust Corp now owns 272,371 shares of the business services provider's stock worth $2,288,000 after purchasing an additional 6,547 shares during the period. RBF Capital LLC grew its position in shares of TrueBlue by 852.8% during the 4th quarter. RBF Capital LLC now owns 381,136 shares of the business services provider's stock valued at $3,202,000 after buying an additional 341,136 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in TrueBlue by 29.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 49,301 shares of the business services provider's stock worth $415,000 after acquiring an additional 11,248 shares during the period. Hsbc Holdings PLC raised its stake in TrueBlue by 108.6% during the fourth quarter. Hsbc Holdings PLC now owns 39,489 shares of the business services provider's stock worth $323,000 after acquiring an additional 20,562 shares during the period. Finally, MetLife Investment Management LLC lifted its holdings in TrueBlue by 23.5% in the fourth quarter. MetLife Investment Management LLC now owns 15,886 shares of the business services provider's stock worth $133,000 after acquiring an additional 3,028 shares during the last quarter. 97.15% of the stock is currently owned by institutional investors.

TrueBlue Stock Performance

TBI traded up $0.39 during trading on Tuesday, reaching $6.13. 210,803 shares of the company were exchanged, compared to its average volume of 253,661. TrueBlue, Inc. has a 52 week low of $3.45 and a 52 week high of $12.29. The company has a current ratio of 1.73, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $4.92 and a 200 day moving average of $6.52. The stock has a market cap of $183.07 million, a P/E ratio of -1.47, a PEG ratio of 3.01 and a beta of 1.39.

TrueBlue (NYSE:TBI - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The business services provider reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.17). TrueBlue had a negative net margin of 8.02% and a negative return on equity of 3.90%. The firm had revenue of $370.25 million for the quarter, compared to analyst estimates of $362.37 million. On average, sell-side analysts forecast that TrueBlue, Inc. will post 0.15 EPS for the current fiscal year.

Insider Buying and Selling at TrueBlue

In other TrueBlue news, CEO Taryn R. Owen bought 12,735 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average cost of $5.94 per share, for a total transaction of $75,645.90. Following the transaction, the chief executive officer now directly owns 414,932 shares in the company, valued at $2,464,696.08. The trade was a 3.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Wall Street Zen raised TrueBlue from a "sell" rating to a "hold" rating in a report on Sunday, March 2nd.

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.