6 days Ago By ABMN Staff
Russell Investments Group Ltd. lessened its holdings in Rush Enterprises, Inc. ( NASDAQ:RUSHA – Free Report ) by 6.
2% during the fourth quarter, Holdings Channel.com reports. The firm owned 98,447 shares of the company’s stock after selling 6,531 shares during the quarter.
Russell Investments Group Ltd.’s holdings in Rush Enterprises were worth $5,394,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Global Alpha Capital Management Ltd. lifted its stake in shares of Rush Enterprises by 2.0% in 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 during the period. Costello Asset Management INC lifted its position in shares of Rush Enterprises by 3,793.
9% during the 4th quarter. Costello Asset Management INC now owns 42,833 shares of the company’s stock valued at $2,347,000 after acquiring an additional 41,733 shares during the period. Natixis Advisors LLC boosted its stake in shares of Rush Enterprises by 4.
9% during the 4th quarter. Natixis Advisors LLC now owns 247,586 shares of the company’s stock worth $13,566,000 after acquiring an additional 11,658 shares in the last quarter. EMC Capital Management grew its holdings in shares of Rush Enterprises by 82.
6% in the 4th quarter. EMC Capital Management now owns 9,603 shares of the company’s stock worth $526,000 after acquiring an additional 4,345 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new position in Rush Enterprises during the fourth quarter worth $5,760,000.
Institutional investors and hedge funds own 84.43% of the company’s stock. Insider Buying and Selling In related news, Director Michael Mcroberts sold 4,000 shares of the stock in a transaction dated Thursday, February 20th.
The stock was sold at an average price of $58.52, for a total transaction of $234,080.00.
Following the transaction, the director now directly owns 15,771 shares in the company, valued at approximately $922,918.92. This represents a 20.
23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . Also, SVP Jody Pollard sold 11,250 shares of Rush Enterprises stock in a transaction dated Tuesday, February 25th.
The shares were sold at an average price of $56.43, for a total value of $634,837.50.
Following the completion of the sale, the senior vice president now 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 disclosure for this sale can be found here . 12.
53% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades Check Out Our Latest Research Report on Rush Enterprises Rush Enterprises Stock Performance Shares of RUSHA opened at $52.48 on Tuesday.
Rush Enterprises, Inc. has a 12-month low of $40.99 and a 12-month high of $65.
43. The stock has a market cap of $4.16 billion, a P/E ratio of 14.
07, a PEG ratio of 1.04 and a beta of 0.96.
The company has a current ratio of 1.45, a quick ratio of 0.28 and a debt-to-equity ratio of 0.
23. The company has a 50-day moving average of $55.53 and a two-hundred day moving average of $56.
79. Rush Enterprises ( NASDAQ:RUSHA – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.
91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.09.
The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.86 billion.
Rush Enterprises had a return on equity of 14.76% and a net margin of 3.90%.
As a group, research analysts predict that Rush Enterprises, Inc. will post 3.91 EPS for the current fiscal year.
Rush Enterprises Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 3rd were paid a dividend of $0.18 per share.
This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.37%.
The ex-dividend date of this dividend was Monday, March 3rd. Rush Enterprises’s payout ratio is currently 19.30%.
Rush Enterprises Company Profile ( 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.
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