TrueBlue, Inc. receives a $881,000 investment from AE Wealth Management LLC (NYSE:TBI)

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During the third quarter, AE Wealth Management LLC increased its holdings in TrueBlue, Inc. (NYSE: TBI), as disclosed in a 13F filing that the company made with the Securities and Exchange Commission. The company divulged the information management LLC increased its holdings in TrueBlue, Inc. (NYSE: TBI), as disclosed in a 13F filing that the company made with the Securities and Exchange Commission. The company divulged the information. As a result, an institutional investor shelled out $881.00 to purchase 46,148 shares in a company that offers business services. AE Wealth Management LLC reportedly owns approximately 0.14% of TrueBlue, as stated in the most recent report submitted to the SEC.

Individual investors and various types of institutional investors, such as hedge funds, have recently shifted their perspectives on the market. This includes the market’s potential for growth. During the second quarter, approximately $58,000 was shelled out to bring Point72 Hong Kong Ltd.’s shareholding in TrueBlue to a more advantageous level. During the second quarter, Lazard Asset Management LLC increased 25.7% in the proportion of TrueBlue shares it owned. In the most recent quarter, Lazard Asset Management LLC increased its holdings in the business services provider by purchasing an additional 787 shares. This brought the total number of shares owned in the company to 3,851, with a value of $68,000. The percentage of TrueBlue stock that Captrust Financial Advisors owns has increased by 37.4% over the first three months of 2018. Following the acquisition of an additional 1,048 shares during the most recent quarter, Captrust Financial Advisors now holds a total of 3,852 shares of the stock held by the business services provider, which has a total value of $111,000. During the second quarter of the fiscal year, Gladius Capital Management LP successfully increased the proportion of TrueBlue, which has a stake, by 40.6%. Following the purchase of an additional 1,153 shares during the most recent quarter, Gladius Capital Management LP now possesses 3,995 shares of the business services provider’s stock, which is $72,000. This brings the total number of shares that the firm owns to 3,995.

Last but not least, during the second quarter, Mutual of America Capital Management LLC added 9.3 percentage points to the amount of TrueBlue stock it owns, bringing the total up to 57.8 percent. The most recent quarter saw the acquisition of 475 additional shares by Mutual of America Capital Management LLC, bringing their total number of shares in the business services provider to 5,588. These shares can be purchased for somewhere in the neighborhood of $100,000. The vast majority of the company’s stock is owned by institutional investors and hedge funds, which account for 96.5 percent of the total.

In other news, Executive Vice President Garrett Ferencz sold 1,523 company stock on November 10. This information can be found in the previous sentence. Following the successful transaction completion, the executive vice president now has direct ownership of 49,993 shares of the company’s stock, which have a value of $1,070,350.13. The shares were sold for a total of $32,607.43, and the average price buyers were willing to pay for them was $21.41. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link. In this file, the transaction is described in greater detail.

Additionally, on November 10 November 10, Executive Vice President Garrett Ferencz sold 1,523 shares of TrueBlue stock. This was reported in the news on November 10. On November 10 November 10, this information was published in the news. The total amount obtained from the sale of the shares was $32,607.43, and the price that prospective purchasers were willing to pay on average was $21.41. Following the successful conclusion of the transaction, the executive vice president was awarded direct ownership of 49,993 shares of the company’s stock. The total value of these shares is $1,070,350.13. The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed entirely by following the link provided in the previous sentence. The documentation was provided to the SEC. William C. Goings, the director of TrueBlue, sold 5,323 shares of the company’s stock on Thursday, October 27. Goings also participated in the sale of shares on Thursday. The transaction involved the sale of the stock at an average price of $20.01 per share, with the total value of the transaction coming to 106,513.23 dollars. As a result of the finalized transaction, the director now owns 19,498 shares of the company’s stock. The total value of these shares is approximately $390,154.98. Disclosures that are related to the sale might be found in this section of the website. Employees of the company own 2% of the company’s total shares, making them a significant shareholder group.

Recently, several analysts released research that they had recently published on the company’s stock, which was released recently.

Robert W. Baird disclosed in a research report that was made public on Tuesday, October 25, that the price target that the company has established for TrueBlue shares has been lowered to $21.00. In addition, the recommendation that StockNews.com had previously given for TrueBlue, which was a “strong-buy” rating, was changed to a “buy” rating in a research report published on Friday, October 28.

On Friday, a share of TrueBlue was $20.59 when trading was first initiated. The company’s moving average price over the previous 50 days is $20.17, and the moving average price over the previous 200 days is $20.15. The company’s market value is currently estimated to be $673.68 million, and it has a price-to-earnings ratio of 9.27. Additionally, its beta value is 1.44. TrueBlue, Inc.’s share price has been as low as $15.77 and as high as $30.32 over the past year of trading.

On Monday, October 24 October 24, TrueBlue (NYSE: TBI) released its most recent quarterly earnings report. The report was for the period ending September 30. Earnings of $0.75 per share were recorded for the period by the company that provides services to other businesses. The company’s sales for the quarter came in at $575.72 million, which is significantly lower than the consensus projection of $587.22 million for sales during the quarter. TrueBlue had a return on equity of 19.17%, and the net margin for the company was 3.25%. The decline in the company’s revenue for the quarter was 2.3% when measured against the prior year’s results for the same period. Earnings per share for the company were $0.59 for the same period in the prior year’s financial statements.

Through the companies it owns, TrueBlue, Inc. provides specialized labor solution services to clients in the United States of America, Canada, and Puerto Rico markets. It is made up of three components, which are referred to as PeopleReady, people management, and PeopleScout. PeopleReady provides contingent staffing solutions for companies in industries such as construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, and general labor requiring skilled blue-collar workers on demand.



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