Jane Street Group LLC Has $766,000 Stock Holdings in TrueBlue, Inc. (NYSE:TBI)

Jane Street Group LLC lowered its position in TrueBlue, Inc. (NYSE:TBI - Free Report) by 42.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,152 shares of the business services provider's stock after selling 68,336 shares during the period. Jane Street Group LLC owned about 0.31% of TrueBlue worth $766,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of TrueBlue in the 4th quarter valued at $478,000. Invesco Ltd. increased its position in shares of TrueBlue by 1.4% in the 4th quarter. Invesco Ltd. now owns 2,032,941 shares of the business services provider's stock valued at $17,077,000 after buying an additional 27,515 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of TrueBlue in the 4th quarter valued at $978,000. Barclays PLC increased its holdings in TrueBlue by 33.6% during the 4th quarter. Barclays PLC now owns 89,992 shares of the business services provider's stock worth $756,000 after purchasing an additional 22,639 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in TrueBlue by 189.4% during the 4th quarter. Russell Investments Group Ltd. now owns 147,200 shares of the business services provider's stock worth $1,236,000 after purchasing an additional 96,340 shares in the last quarter. Institutional investors own 97.15% of the company's stock.

TrueBlue Stock Down 1.7%

TBI stock traded down $0.10 during trading hours on Thursday, reaching $5.92. 162,479 shares of the stock were exchanged, compared to its average volume of 253,489. The firm's 50-day moving average is $4.93 and its 200-day moving average is $6.50. The company has a market cap of $176.79 million, a price-to-earnings ratio of -1.42, a PEG ratio of 3.01 and a beta of 1.39. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.85. TrueBlue, Inc. has a 12 month low of $3.45 and a 12 month high of $12.29.

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

Analyst Ratings Changes

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

TrueBlue Company 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.