1 week Ago By ABMN Staff
KLP Kapitalforvaltning AS acquired a new stake in Marten Transport, Ltd. ( NASDAQ:MRTN – Free Report ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,600 shares of the transportation company’s stock, valued at approximately $181,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Victory Capital Management Inc. boosted its stake in shares of Marten Transport by 0.
6% in the fourth quarter. Victory Capital Management Inc. now owns 4,071,568 shares of the transportation company’s stock valued at $63,557,000 after purchasing an additional 23,201 shares during the period.
State Street Corp lifted its holdings in Marten Transport by 0.6% in the 3rd quarter. State Street Corp now owns 2,339,644 shares of the transportation company’s stock worth $41,412,000 after buying an additional 14,088 shares in the last quarter.
American Century Companies Inc. lifted its holdings in Marten Transport by 10.8% in the 4th quarter.
American Century Companies Inc. now owns 1,803,045 shares of the transportation company’s stock worth $28,146,000 after buying an additional 175,059 shares in the last quarter. William Blair Investment Management LLC boosted its position in Marten Transport by 2.
1% in the 4th quarter. William Blair Investment Management LLC now owns 1,492,142 shares of the transportation company’s stock valued at $23,292,000 after buying an additional 31,303 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Marten Transport by 1.
1% during the third quarter. Geode Capital Management LLC now owns 1,410,882 shares of the transportation company’s stock valued at $24,977,000 after acquiring an additional 14,951 shares in the last quarter. Institutional investors and hedge funds own 69.
12% of the company’s stock. Marten Transport Price Performance NASDAQ MRTN opened at $12.69 on Wednesday.
The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 37.32 and a beta of 1.
01. Marten Transport, Ltd. has a 12 month low of $12.
56 and a 12 month high of $19.26. The company’s fifty day moving average price is $14.
32 and its two-hundred day moving average price is $15.75. Marten Transport Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, March 28th.
Stockholders of record on Friday, March 14th were given a $0.06 dividend. The ex-dividend date was Friday, March 14th.
This represents a $0.24 annualized dividend and a dividend yield of 1.89%.
Marten Transport’s payout ratio is 70.59%. Analyst Upgrades and Downgrades Separately, Stephens boosted their price target on Marten Transport from $18.
00 to $19.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. Get Our Latest Analysis on Marten Transport Marten Transport Profile ( Free Report ) Marten Transport, Ltd.
operates as a temperature-sensitive truckload carrier for shippers in the United State, Mexico, and Canada. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services.
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