Olstein Capital Management L.P. maintained its stake in Wabash National Corporation (NYSE:WNC) during the second quarter, Holdings Channel reports. The firm owned 56,900 shares of the company’s stock at the end of the second quarter. Olstein Capital Management L.P.’s holdings in Wabash National Corporation were worth $1,251,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Dupont Capital Management Corp raised its stake in Wabash National Corporation by 29.0% in the second quarter. Dupont Capital Management Corp now owns 47,120 shares of the company’s stock valued at $1,036,000 after buying an additional 10,579 shares during the last quarter. New Amsterdam Partners LLC NY raised its stake in Wabash National Corporation by 96.4% in the second quarter. New Amsterdam Partners LLC NY now owns 451,397 shares of the company’s stock valued at $9,922,000 after buying an additional 221,530 shares during the last quarter. Smith Asset Management Group LP raised its stake in Wabash National Corporation by 748.9% in the second quarter. Smith Asset Management Group LP now owns 171,415 shares of the company’s stock valued at $3,768,000 after buying an additional 151,223 shares during the last quarter. Arizona State Retirement System raised its stake in Wabash National Corporation by 0.6% in the second quarter. Arizona State Retirement System now owns 31,400 shares of the company’s stock valued at $690,000 after buying an additional 200 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in Wabash National Corporation by 48.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 530,796 shares of the company’s stock valued at $11,667,000 after buying an additional 172,125 shares during the last quarter.

Wabash National Corporation (NYSE:WNC) opened at 20.67 on Wednesday. The company’s 50-day moving average is $21.22 and its 200-day moving average is $20.99. The company has a market cap of $1.22 billion, a P/E ratio of 13.33 and a beta of 1.78. Wabash National Corporation has a 12 month low of $10.74 and a 12 month high of $24.16.

Wabash National Corporation (NYSE:WNC) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by $0.05. The firm had revenue of $435.90 million during the quarter, compared to analysts’ expectations of $436.85 million. Wabash National Corporation had a return on equity of 20.76% and a net margin of 5.77%. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.55 EPS. On average, equities research analysts expect that Wabash National Corporation will post $1.46 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 27th. Investors of record on Thursday, July 6th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Friday, June 2nd. Wabash National Corporation’s dividend payout ratio (DPR) is presently 15.48%.

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Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Wabash National Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub raised shares of Wabash National Corporation from a “sell” rating to a “hold” rating in a research note on Saturday. Aegis boosted their price objective on shares of Wabash National Corporation from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, August 10th. Craig Hallum raised shares of Wabash National Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Finally, Stifel Nicolaus set a $22.00 price objective on shares of Wabash National Corporation and gave the stock a “hold” rating in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $20.57.

About Wabash National Corporation

Wabash National Corporation is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. The Company’s segments include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. The Company designs, manufactures and markets a range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment.

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Institutional Ownership by Quarter for Wabash National Corporation (NYSE:WNC)

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