Moody Aldrich Partners LLC bought a new position in shares of Heartland Express, Inc. (NASDAQ:HTLD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,606 shares of the transportation company’s stock, valued at approximately $943,000.

Several other institutional investors have also recently bought and sold shares of the business. Schwab Charles Investment Management Inc. lifted its position in shares of Heartland Express by 13.8% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 339,053 shares of the transportation company’s stock worth $8,504,000 after buying an additional 41,233 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Heartland Express by 51.2% in the 3rd quarter. Wells Fargo & Company MN now owns 54,043 shares of the transportation company’s stock worth $1,355,000 after purchasing an additional 18,301 shares during the period. Trexquant Investment LP bought a new stake in shares of Heartland Express in the 3rd quarter worth approximately $586,000. Legal & General Group Plc raised its holdings in shares of Heartland Express by 12.5% in the 3rd quarter. Legal & General Group Plc now owns 98,420 shares of the transportation company’s stock worth $2,466,000 after purchasing an additional 10,916 shares during the period. Finally, Great West Life Assurance Co. Can raised its holdings in shares of Heartland Express by 6.9% in the 3rd quarter. Great West Life Assurance Co. Can now owns 68,304 shares of the transportation company’s stock worth $1,589,000 after purchasing an additional 4,430 shares during the period. 61.61% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Heartland Express, Inc. (NASDAQ:HTLD) opened at $22.59 on Thursday. The company has a market cap of $1,838.49, a P/E ratio of 36.78, a P/E/G ratio of 2.71 and a beta of 0.54. Heartland Express, Inc. has a 1-year low of $18.71 and a 1-year high of $25.22.

Heartland Express (NASDAQ:HTLD) last issued its earnings results on Friday, October 27th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.08). Heartland Express had a net margin of 8.54% and a return on equity of 9.50%. The business had revenue of $182.10 million for the quarter, compared to the consensus estimate of $205.81 million. During the same period in the previous year, the firm earned $0.15 EPS. The company’s revenue was up 22.0% compared to the same quarter last year. equities analysts predict that Heartland Express, Inc. will post 0.54 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th will be issued a dividend of $0.02 per share. The ex-dividend date is Monday, December 11th. This represents a $0.08 dividend on an annualized basis and a yield of 0.35%. Heartland Express’s payout ratio is 13.33%.

In other Heartland Express news, EVP John P. Cosaert sold 7,146 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $22.54, for a total transaction of $161,070.84. Following the sale, the executive vice president now owns 57,668 shares of the company’s stock, valued at approximately $1,299,836.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 42.10% of the company’s stock.

A number of equities research analysts recently commented on HTLD shares. UBS lifted their price target on shares of Heartland Express from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Zacks Investment Research cut shares of Heartland Express from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. TheStreet cut shares of Heartland Express from a “b” rating to a “c” rating in a report on Friday, October 27th. J P Morgan Chase & Co lifted their price target on shares of Heartland Express from $19.00 to $21.00 and gave the stock an “underweight” rating in a report on Thursday, October 12th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $24.00 price target on shares of Heartland Express in a report on Sunday, September 17th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Heartland Express has an average rating of “Hold” and an average price target of $24.17.

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Heartland Express Company Profile

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.

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

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