2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. lessened its position in Heartland Express, Inc. (NASDAQ:HTLD – Free Report) by 3.
0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 77,300 shares of the transportation company’s stock after selling 2,401 shares during the period. Russell Investments Group Ltd.
owned 0.10% of Heartland Express worth $867,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company.
Wells Fargo & Company MN grew its stake in shares of Heartland Express by 36.8% in the fourth quarter. Wells Fargo & Company MN now owns 25,368 shares of the transportation company’s stock worth $285,000 after purchasing an additional 6,821 shares during the last quarter.
Trexquant Investment LP lifted its holdings in Heartland Express by 91.5% in the 4th quarter. Trexquant Investment LP now owns 150,409 shares of the transportation company’s stock worth $1,688,000 after buying an additional 71,848 shares during the period.
Headlands Technologies LLC bought a new stake in shares of Heartland Express in the 4th quarter worth approximately $42,000. Meeder Asset Management Inc. purchased a new position in shares of Heartland Express during the fourth quarter valued at approximately $79,000.
Finally, Brandywine Global Investment Management LLC bought a new position in shares of Heartland Express during the fourth quarter valued at approximately $2,694,000. Institutional investors own 53.45% of the company’s stock.
Heartland Express Stock Down 0.4 %HTLD stock opened at $8.25 on Tuesday.
The company has a market capitalization of $647.87 million, a price-to-earnings ratio of -22.30 and a beta of 0.
97. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.
17 and a current ratio of 1.08. The business’s 50 day moving average price is $9.
49 and its two-hundred day moving average price is $10.87. Heartland Express, Inc.
has a fifty-two week low of $7.98 and a fifty-two week high of $13.67.
Heartland Express (NASDAQ:HTLD – Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The transportation company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.
04) by $0.02. Heartland Express had a negative return on equity of 3.
57% and a negative net margin of 2.84%. As a group, analysts forecast that Heartland Express, Inc.
will post 0.17 earnings per share for the current fiscal year. Heartland Express Announces DividendThe firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th.
Shareholders of record on Tuesday, March 25th were issued a $0.02 dividend. This represents a $0.
08 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date was Tuesday, March 25th.
Heartland Express’s dividend payout ratio (DPR) is presently -21.62%. Analyst Upgrades and DowngradesSeparately, Barclays cut their price target on shares of Heartland Express from $11.
00 to $9.00 and set an “underweight” rating on the stock in a report on Wednesday, April 2nd.Get Our Latest Research Report on HTLDAbout Heartland Express (Free Report)Heartland Express, Inc, together with its subsidiaries, operates as a short-to-medium, and long-haul truckload carrier in the United States and Canada.
It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services.Featured ArticlesFive stocks we like better than Heartland Express3 Warren Buffett Stocks to Buy NowAST SpaceMobile: 5 Reasons to Buy This Tiny Trailblazer StockMost Volatile Stocks, What Investors Need to KnowWhy Call Option Traders Are Targeting This Dividend ETF NowHow to Use High Beta Stocks to Maximize Your Investing ProfitsIs Alphabet Misunderstood? Here’s Why the Bulls Are BuyingWant to see what other hedge funds are holding HTLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Heartland Express, Inc.
(NASDAQ:HTLD – Free Report)..
