P.A.M. Transportation Services, Inc. (NASDAQ:PTSI)‘s stock had its “hold” rating reaffirmed by stock analysts at Stifel Nicolaus in a research report issued on Sunday.

A number of other equities research analysts have also recently weighed in on PTSI. ValuEngine cut P.A.M. Transportation Services from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut P.A.M. Transportation Services from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th.

Shares of P.A.M. Transportation Services (PTSI) opened at 23.93 on Friday. The stock has a 50 day moving average of $18.70 and a 200 day moving average of $17.77. The firm has a market cap of $151.76 million, a P/E ratio of 19.01 and a beta of 0.99. P.A.M. Transportation Services has a 52 week low of $14.50 and a 52 week high of $28.43.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its stake in P.A.M. Transportation Services by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 20,698 shares of the transportation company’s stock valued at $338,000 after acquiring an additional 349 shares during the period. Goldman Sachs Group Inc. bought a new stake in P.A.M. Transportation Services in the 2nd quarter valued at $482,000. Horrell Capital Management Inc. raised its stake in P.A.M. Transportation Services by 2.5% in the 2nd quarter. Horrell Capital Management Inc. now owns 27,941 shares of the transportation company’s stock valued at $529,000 after acquiring an additional 681 shares during the period. Pacific Ridge Capital Partners LLC raised its stake in P.A.M. Transportation Services by 21.4% in the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 174,921 shares of the transportation company’s stock valued at $3,315,000 after acquiring an additional 30,780 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in P.A.M. Transportation Services by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 345,758 shares of the transportation company’s stock valued at $5,633,000 after acquiring an additional 8,821 shares during the period. Institutional investors and hedge funds own 24.27% of the company’s stock.

P.A.M. Transportation Services Company Profile

P.A.M. Transportation Services, Inc is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces.

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