BlackRock Inc. raised its stake in shares of Rush Enterprises, Inc. (NASDAQ:RUSHB) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 285,056 shares of the company’s stock after acquiring an additional 4,269 shares during the period. BlackRock Inc.’s holdings in Rush Enterprises were worth $10,147,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Rhumbline Advisers bought a new stake in shares of Rush Enterprises during the 4th quarter worth $219,000. Renaissance Technologies LLC raised its stake in shares of Rush Enterprises by 1.6% during the 3rd quarter. Renaissance Technologies LLC now owns 284,600 shares of the company’s stock worth $11,353,000 after purchasing an additional 4,498 shares during the period. Vanguard Group Inc raised its stake in shares of Rush Enterprises by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 324,304 shares of the company’s stock worth $12,937,000 after purchasing an additional 2,362 shares during the period. Finally, Private Management Group Inc. raised its stake in shares of Rush Enterprises by 1.1% during the 4th quarter. Private Management Group Inc. now owns 395,886 shares of the company’s stock worth $14,094,000 after purchasing an additional 4,262 shares during the period. Institutional investors and hedge funds own 10.35% of the company’s stock.

Separately, ValuEngine upgraded Rush Enterprises from a “sell” rating to a “hold” rating in a research note on Friday, February 15th.

Shares of Rush Enterprises stock opened at $44.23 on Monday. Rush Enterprises, Inc. has a 52-week low of $32.35 and a 52-week high of $46.99. The stock has a market capitalization of $1.61 billion, a P/E ratio of 11.49 and a beta of 1.11. The company has a current ratio of 1.13, a quick ratio of 0.23 and a debt-to-equity ratio of 0.46.

Rush Enterprises (NASDAQ:RUSHB) last announced its quarterly earnings data on Wednesday, February 13th. The company reported $1.20 earnings per share (EPS) for the quarter. Rush Enterprises had a return on equity of 14.60% and a net margin of 2.53%. The business had revenue of $1.54 billion for the quarter.

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Rush Enterprises Company Profile

Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers.

Read More: What Is An Exchange-Traded Fund (ETF)?

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

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