1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership lifted its stake in shares of Heartland Express, Inc. ( NASDAQ:HTLD – Free Report ) by 29.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 696,823 shares of the transportation company’s stock after acquiring an additional 157,892 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.89% of Heartland Express worth $7,818,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in Heartland Express by 5.
4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 898,289 shares of the transportation company’s stock worth $10,079,000 after purchasing an additional 45,732 shares in the last quarter.
First Eagle Investment Management LLC boosted its position in shares of Heartland Express by 9.5% during the fourth quarter. First Eagle Investment Management LLC now owns 730,368 shares of the transportation company’s stock worth $8,195,000 after buying an additional 63,493 shares during the period.
Empowered Funds LLC grew its holdings in shares of Heartland Express by 35.2% during the fourth quarter. Empowered Funds LLC now owns 346,271 shares of the transportation company’s stock worth $3,885,000 after buying an additional 90,100 shares in the last quarter.
JPMorgan Chase & Co. raised its position in Heartland Express by 126.8% in the 4th quarter.
JPMorgan Chase & Co. now owns 288,375 shares of the transportation company’s stock valued at $3,236,000 after buying an additional 161,222 shares during the last quarter. Finally, Principal Financial Group Inc.
lifted its stake in Heartland Express by 2.9% in the 4th quarter. Principal Financial Group Inc.
now owns 210,266 shares of the transportation company’s stock valued at $2,359,000 after acquiring an additional 5,946 shares in the last quarter. 53.45% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades Separately, Barclays lowered their price objective 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.
Heartland Express Stock Performance HTLD opened at $8.51 on Monday. The business’s 50-day simple moving average is $10.
29 and its 200 day simple moving average is $11.19. Heartland Express, Inc.
has a 52-week low of $8.18 and a 52-week high of $13.67.
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 firm has a market capitalization of $668.29 million, a PE ratio of -23.
00 and a beta of 0.97. Heartland Express ( NASDAQ:HTLD – Get Free Report ) last announced its quarterly earnings data on Tuesday, January 28th.
The transportation company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, sell-side analysts expect that Heartland Express, Inc. will post 0.
17 earnings per share for the current fiscal year. Heartland Express Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.
02 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.
08 annualized dividend and a dividend yield of 0.94%. Heartland Express’s dividend payout ratio is presently -21.
62%. Heartland Express Profile ( 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 Stories Want 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 ).
Receive News & Ratings for Heartland Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heartland Express and related companies with MarketBeat.com's FREE daily email newsletter ..
