Marshall Wace LLP increased its position in shares of USA Truck, Inc. (NASDAQ:USAK) by 1.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 94,233 shares of the transportation company’s stock after buying an additional 1,581 shares during the quarter. Marshall Wace LLP owned about 1.10% of USA Truck worth $1,361,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the stock. Boston Partners grew its position in shares of USA Truck by 23.9% in the fourth quarter. Boston Partners now owns 385,640 shares of the transportation company’s stock valued at $5,773,000 after purchasing an additional 74,390 shares during the period. Prudential Financial Inc. grew its position in shares of USA Truck by 250.5% in the fourth quarter. Prudential Financial Inc. now owns 61,822 shares of the transportation company’s stock valued at $926,000 after purchasing an additional 44,182 shares during the period. Morgan Stanley grew its position in shares of USA Truck by 72.6% in the third quarter. Morgan Stanley now owns 71,961 shares of the transportation company’s stock valued at $1,455,000 after purchasing an additional 30,267 shares during the period. Municipal Employees Retirement System of Michigan purchased a new stake in shares of USA Truck in the fourth quarter valued at $434,000. Finally, Bank of New York Mellon Corp grew its position in shares of USA Truck by 41.6% in the fourth quarter. Bank of New York Mellon Corp now owns 89,506 shares of the transportation company’s stock valued at $1,340,000 after purchasing an additional 26,298 shares during the period. Hedge funds and other institutional investors own 76.25% of the company’s stock.
A number of research firms have issued reports on USAK. Cowen reissued a “buy” rating on shares of G1 Therapeutics in a research report on Friday, May 10th. TheStreet raised Zimmer Biomet from a “c” rating to a “b-” rating in a research report on Friday, April 26th. Stephens set a $112.00 price target on Genesee & Wyoming and gave the company a “hold” rating in a research report on Monday, July 1st. Finally, Zacks Investment Research raised Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Saturday, July 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $25.75.
Shares of NASDAQ:USAK traded down $0.29 during trading on Thursday, hitting $9.22. The company’s stock had a trading volume of 61,366 shares, compared to its average volume of 98,107. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 1.85. USA Truck, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $23.44. The firm’s 50-day simple moving average is $10.33. The stock has a market capitalization of $78.73 million, a P/E ratio of 5.91 and a beta of 1.47.
USA Truck (NASDAQ:USAK) last released its quarterly earnings results on Thursday, April 25th. The transportation company reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. USA Truck had a return on equity of 17.89% and a net margin of 2.33%. The business had revenue of $133.97 million for the quarter, compared to analysts’ expectations of $137.20 million. Equities research analysts forecast that USA Truck, Inc. will post 1.6 EPS for the current year.
USA Truck Profile
USA Truck, Inc operates as a truckload carrier in the United States, Mexico, and Canada. The company operates through two segments, Trucking and USAT Logistics. The Trucking segment offers truckload motor carrier services as a medium to long-haul common and contract carrier; and dedicated freight services.
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