American Century Companies Inc. raised its holdings in shares of Heartland Express, Inc. (NASDAQ:HTLD) by 1.6% in the 4th quarter, HoldingsChannel reports. The fund owned 8,096,511 shares of the transportation company’s stock after purchasing an additional 128,030 shares during the period. American Century Companies Inc. owned 0.10% of Heartland Express worth $188,973,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Hartford Investment Management Co. purchased a new position in Heartland Express during the 3rd quarter valued at about $211,000. Crossmark Global Holdings Inc. purchased a new position in Heartland Express during the 3rd quarter valued at about $238,000. Wrapmanager Inc. purchased a new position in Heartland Express during the 4th quarter valued at about $248,000. Fortaleza Asset Management Inc. increased its holdings in Heartland Express by 38.6% during the 3rd quarter. Fortaleza Asset Management Inc. now owns 10,500 shares of the transportation company’s stock valued at $263,000 after acquiring an additional 2,925 shares in the last quarter. Finally, Piedmont Investment Advisors LLC purchased a new position in Heartland Express during the 3rd quarter valued at about $273,000. Hedge funds and other institutional investors own 58.93% of the company’s stock.

HTLD has been the subject of several recent research reports. BidaskClub upgraded shares of Heartland Express from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. TheStreet downgraded shares of Heartland Express from a “b” rating to a “c” rating in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Heartland Express from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. UBS Group raised their target price on shares of Heartland Express from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Finally, JPMorgan Chase & Co. raised their target price on shares of Heartland Express from $19.00 to $21.00 and gave the company an “underweight” rating in a report on Thursday, October 12th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $24.17.

Shares of Heartland Express, Inc. (NASDAQ:HTLD) opened at $21.47 on Wednesday. The company has a market cap of $1,855.15, a PE ratio of 35.78, a PEG ratio of 1.97 and a beta of 0.47. Heartland Express, Inc. has a twelve month low of $18.71 and a twelve month high of $25.22.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/heartland-express-inc-htld-position-increased-by-american-century-companies-inc/1849604.html.

About Heartland Express

Heartland Express, Inc is a holding company. The Company is a short-to-medium haul truckload carrier. The Company focuses primarily on short- to medium-haul, asset-based dry van truckload services in regional markets near its terminals. The Company’s truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services and non-asset based brokerage services.

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).

Institutional Ownership by Quarter for Heartland Express (NASDAQ:HTLD)

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.