The Joint Corp. (NASDAQ:JYNT) Shares Bought by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc raised its stake in The Joint Corp. (NASDAQ:JYNT) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 115,620 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. O Brien Greene & Co. Inc owned about 0.77% of Joint worth $1,626,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Sargent Investment Group LLC acquired a new position in shares of Joint in the 2nd quarter valued at $150,000. Renaissance Technologies LLC boosted its holdings in shares of Joint by 5.5% in the 2nd quarter. Renaissance Technologies LLC now owns 394,478 shares of the company’s stock valued at $5,546,000 after purchasing an additional 20,400 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Joint by 9.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 194,139 shares of the company’s stock valued at $2,730,000 after purchasing an additional 17,268 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Joint by 47.7% in the 2nd quarter. American Century Companies Inc. now owns 24,170 shares of the company’s stock valued at $340,000 after acquiring an additional 7,804 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Joint in the 2nd quarter valued at $1,115,000. Institutional investors and hedge funds own 76.88% of the company’s stock.

Joint Trading Down 0.9 %

Shares of JYNT stock opened at $11.57 on Wednesday. The company’s fifty day simple moving average is $12.36 and its 200-day simple moving average is $13.22. The Joint Corp. has a 52 week low of $7.31 and a 52 week high of $17.82. The company has a market cap of $173.25 million, a PE ratio of -15.43 and a beta of 1.58.

Joint (NASDAQ:JYNT) last issued its earnings results on Thursday, August 8th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). Joint had a negative net margin of 12.00% and a positive return on equity of 2.17%. The business had revenue of $30.26 million during the quarter, compared to analysts’ expectations of $29.65 million. Equities research analysts expect that The Joint Corp. will post 0.13 EPS for the current fiscal year.

Joint Profile

The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.