The Joint Corp. (NASDAQ:JYNT) Stock Holdings Boosted by Barclays PLC

Barclays PLC raised its position in shares of The Joint Corp. (NASDAQ:JYNT) by 71.4% in the third quarter, HoldingsChannel.com reports. The firm owned 25,609 shares of the company’s stock after buying an additional 10,671 shares during the period. Barclays PLC’s holdings in Joint were worth $294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Squarepoint Ops LLC bought a new position in Joint during the 2nd quarter valued at $144,000. Sargent Investment Group LLC bought a new position in Joint during the 2nd quarter valued at $150,000. FMR LLC lifted its position in shares of Joint by 38.0% during the 3rd quarter. FMR LLC now owns 10,787 shares of the company’s stock valued at $123,000 after acquiring an additional 2,971 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Joint during the 2nd quarter valued at $174,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Joint by 5.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 22,510 shares of the company’s stock valued at $258,000 after acquiring an additional 1,156 shares during the last quarter. 76.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on JYNT. Roth Mkm cut their price objective on Joint from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, November 8th. StockNews.com upgraded Joint from a “hold” rating to a “buy” rating in a research report on Friday, November 15th.

Joint Stock Up 2.0 %

JYNT opened at $10.64 on Monday. The stock has a fifty day moving average of $11.15 and a 200-day moving average of $11.83. The firm has a market capitalization of $159.43 million, a P/E ratio of -9.33 and a beta of 1.60. The Joint Corp. has a 12-month low of $8.88 and a 12-month high of $17.82.

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.