2 weeks Ago By ABMN Staff
Wells Fargo & Company MN grew its stake in shares of Rush Enterprises, Inc. ( NASDAQ:RUSHA – Free Report ) by 25.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC.
The firm owned 37,112 shares of the company’s stock after purchasing an additional 7,483 shares during the quarter. Wells Fargo & Company MN’s holdings in Rush Enterprises were worth $2,033,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently made changes to their positions in the company.
Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Rush Enterprises by 3.
1% during the fourth quarter. Vaughan Nelson Investment Management L.P.
now owns 1,222,719 shares of the company’s stock valued at $66,993,000 after purchasing an additional 36,326 shares during the last quarter. Global Alpha Capital Management Ltd. lifted its position in Rush Enterprises by 2.
0% during the fourth quarter. Global Alpha Capital Management Ltd. now owns 789,190 shares of the company’s stock valued at $43,240,000 after purchasing an additional 15,200 shares in the last quarter.
Charles Schwab Investment Management Inc. boosted its position in shares of Rush Enterprises by 3.7% in the fourth quarter.
Charles Schwab Investment Management Inc. now owns 742,995 shares of the company’s stock worth $40,709,000 after purchasing an additional 26,254 shares during the period. Bank of New York Mellon Corp grew its holdings in Rush Enterprises by 0.
5% during the 4th quarter. Bank of New York Mellon Corp now owns 624,103 shares of the company’s stock valued at $34,195,000 after buying an additional 3,386 shares in the last quarter. Finally, Jennison Associates LLC increased its holdings in Rush Enterprises by 1,398.
4% in the 4th quarter. Jennison Associates LLC now owns 509,380 shares of the company’s stock valued at $27,909,000 after acquiring an additional 475,384 shares during the last quarter. Institutional investors own 84.
43% of the company’s stock. Insider Transactions at Rush Enterprises In other Rush Enterprises news, SVP Jody Pollard sold 11,250 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $56.
43, for a total value of $634,837.50. Following the transaction, the senior vice president now directly owns 3,117 shares of the company’s stock, valued at $175,892.
31. This trade represents a 78.30 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Michael Mcroberts sold 4,000 shares of Rush Enterprises stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $58.
52, for a total value of $234,080.00. Following the transaction, the director now owns 15,771 shares in the company, valued at approximately $922,918.
92. The trade was a 20.23 % decrease in their position.
The disclosure for this sale can be found here . Company insiders own 12.53% of the company’s stock.
Rush Enterprises Stock Down 1.5 % Rush Enterprises ( NASDAQ:RUSHA – Get Free Report ) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.
91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.09.
The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.86 billion.
Rush Enterprises had a net margin of 3.90% and a return on equity of 14.76%.
On average, equities analysts predict that Rush Enterprises, Inc. will post 3.91 EPS for the current year.
Rush Enterprises Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 3rd were paid a $0.18 dividend.
The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.72 dividend on an annualized basis and a yield of 1.
40%. Rush Enterprises’s dividend payout ratio (DPR) is 19.30%.
Wall Street Analyst Weigh In Separately, Stephens restated an “overweight” rating and set a $69.00 price objective on shares of Rush Enterprises in a research report on Wednesday, February 19th. Get Our Latest Analysis on RUSHA About Rush Enterprises ( Free Report ) Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada.
The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, Blue Bird, and Dennis Eagle. Read More Want to see what other hedge funds are holding RUSHA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Rush Enterprises, Inc. ( NASDAQ:RUSHA – Free Report ). Receive News & Ratings for Rush Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rush Enterprises and related companies with MarketBeat.
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