First Quadrant L P CA reduced its stake in Rush Enterprises, Inc. (NASDAQ:RUSHB) by 14.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,184 shares of the company’s stock after selling 3,066 shares during the period. First Quadrant L P CA’s holdings in Rush Enterprises were worth $793,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gamco Investors INC. ET AL increased its holdings in Rush Enterprises by 0.5% in the 2nd quarter. Gamco Investors INC. ET AL now owns 616,399 shares of the company’s stock valued at $22,443,000 after purchasing an additional 2,800 shares in the last quarter. Vanguard Group Inc. boosted its position in Rush Enterprises by 6.2% in the 2nd quarter. Vanguard Group Inc. now owns 325,265 shares of the company’s stock valued at $11,843,000 after buying an additional 18,915 shares during the last quarter. State Street Corp boosted its position in Rush Enterprises by 16.7% in the 2nd quarter. State Street Corp now owns 97,071 shares of the company’s stock valued at $3,537,000 after buying an additional 13,885 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in Rush Enterprises by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 25,814 shares of the company’s stock valued at $940,000 after buying an additional 171 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in Rush Enterprises by 106.7% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 18,210 shares of the company’s stock valued at $662,000 after buying an additional 9,400 shares during the last quarter. Hedge funds and other institutional investors own 11.77% of the company’s stock.

Rush Enterprises, Inc. (NASDAQ RUSHB) opened at $47.44 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.28 and a current ratio of 1.13. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 25.03 and a beta of 0.99.

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Rush Enterprises Profile

Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products.

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Institutional Ownership by Quarter for Rush Enterprises (NASDAQ:RUSHB)

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