2 weeks Ago By ABMN Staff
Legal & General Group Plc decreased its holdings in shares of Forward Air Co. ( NASDAQ:FWRD – Free Report ) by 6.7% during the fourth quarter, according to its most recent disclosure with the SEC.
The fund owned 55,612 shares of the transportation company’s stock after selling 3,997 shares during the period. Legal & General Group Plc’s holdings in Forward Air were worth $1,793,000 at the end of the most recent quarter. Other hedge funds have also recently modified their holdings of the company.
Thrivent Financial for Lutherans grew its position in Forward Air by 2.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 15,442 shares of the transportation company’s stock worth $498,000 after purchasing an additional 432 shares during the last quarter.
State of Alaska Department of Revenue grew its stake in Forward Air by 4.1% during the 4th quarter. State of Alaska Department of Revenue now owns 11,354 shares of the transportation company’s stock valued at $366,000 after purchasing an additional 447 shares during the last quarter.
Louisiana State Employees Retirement System increased its holdings in shares of Forward Air by 5.4% in the fourth quarter. Louisiana State Employees Retirement System now owns 9,700 shares of the transportation company’s stock valued at $313,000 after purchasing an additional 500 shares during the period.
Federated Hermes Inc. raised its stake in shares of Forward Air by 0.6% in the fourth quarter.
Federated Hermes Inc. now owns 103,397 shares of the transportation company’s stock worth $3,335,000 after purchasing an additional 572 shares during the last quarter. Finally, Byrne Asset Management LLC lifted its holdings in shares of Forward Air by 122.
9% during the fourth quarter. Byrne Asset Management LLC now owns 1,070 shares of the transportation company’s stock worth $35,000 after purchasing an additional 590 shares during the period. Institutional investors and hedge funds own 97.
03% of the company’s stock. Forward Air Price Performance Shares of Forward Air stock opened at $14.62 on Friday.
The firm has a market cap of $444.49 million, a PE ratio of -0.61 and a beta of 1.
11. The business has a 50-day moving average price of $19.05 and a 200 day moving average price of $28.
80. The company has a quick ratio of 1.21, a current ratio of 1.
21 and a debt-to-equity ratio of 5.07. Forward Air Co.
has a twelve month low of $9.79 and a twelve month high of $40.92.
Analyst Upgrades and Downgrades Check Out Our Latest Report on FWRD Forward Air Profile ( Free Report ) Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.
Recommended Stories Want to see what other hedge funds are holding FWRD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Forward Air Co. ( NASDAQ:FWRD – Free Report ).
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