Ajo LP Cut Its Wabash Natl (WNC) Position; Swift Transportation Co (SWFT) Sentiment Is 0.6

November 21, 2017 - By Marie Mckinney

Ajo Lp decreased Wabash Natl Corp (WNC) stake by 20.05% reported in 2017Q2 SEC filing. Ajo Lp sold 80,088 shares as Wabash Natl Corp (WNC)’s stock rose 3.02%. The Ajo Lp holds 319,326 shares with $7.02M

value, down from 399,414 last quarter. Wabash Natl Corp now has $1.14B valuation. The stock increased 1.45% or $0.27 during the last trading session, reaching $19.25. About shares traded. Wabash National Corporation (NYSE:WNC) has risen 52.05% since November 21, 2016 and is uptrending. It has outperformed by 35.35% the S&P500.

Knight-Swift Transportation Holdings Inc., formerly Swift Transportation Company, provides truckload services in North America. The company has market cap of $3.95 billion. The Firm also provides rail intermodal and non-asset based freight brokerage and logistics management services. It has a 37.26 P/E ratio. The Firm provides its services across United States, Mexico and Canada using its dry van, refrigerated, flatbed and specialized trailers, and intermodal containers.

It closed at $29.49 lastly. It is down 48.82% since November 21, 2016 and is uptrending. It has outperformed by 32.12% the S&P500.

Ratings analysis reveals 80% of Swift Transportation’s analysts are positive. Out of 5 Wall Street analysts rating Swift Transportation, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $24.0 while the high is $28.0. The stock’s average target of $25.33 is -14.11% below today’s ($29.49) share price. SWFT was included in 5 notes of analysts from October 25, 2016. On Tuesday, October 25 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was initiated by Deutsche Bank on Wednesday, November 2 with “Buy”. The company was upgraded on Tuesday, October 25 by UBS. The firm earned “Market Perform” rating on Thursday, December 22 by Wells Fargo. The firm has “Overweight” rating given on Thursday, December 15 by JP Morgan.

Longfellow Investment Management Co Llc holds 3.96% of its portfolio in Knight-Swift Transportation Holdings Inc for 520,500 shares. Impala Asset Management Llc owns 2.72 million shares or 3.66% of their US portfolio. Moreover, 12Th Street Asset Management Company Llc has 3.54% invested in the company for 518,975 shares. The Wisconsin-based 1492 Capital Management Llc has invested 2.63% in the stock. Mader & Shannon Wealth Management Inc., a Missouri-based fund reported 61,902 shares.

Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.11, from 0.92 in 2017Q1. It increased, as 34 investors sold WNC shares while 73 reduced holdings. 33 funds opened positions while 77 raised stakes. 73.29 million shares or 0.87% more from 72.65 million shares in 2017Q1 were reported. Malaga Cove Capital Limited Liability has 41,192 shares. Ubs Asset Mgmt Americas Inc holds 0% or 15,497 shares. Hanseatic Mngmt Svcs holds 0% of its portfolio in Wabash National Corporation (NYSE:WNC) for 45 shares. Riverhead Mngmt owns 3,429 shares. Capstone Asset Management reported 23,172 shares stake. Moreover, State Board Of Administration Of Florida Retirement Sys has 0.01% invested in Wabash National Corporation (NYSE:WNC) for 125,915 shares. Comerica Bancshares owns 63,094 shares. 734,176 are owned by Matarin Management Ltd Liability Corp. Sweden-based Nordea Inv has invested 0.01% in Wabash National Corporation (NYSE:WNC). Clarivest Asset Management Ltd has invested 0.13% in Wabash National Corporation (NYSE:WNC). Teton Advisors Incorporated holds 70,000 shares or 0.15% of its portfolio. Secor Cap Advsrs Ltd Partnership has 133,147 shares for 0.27% of their portfolio. First Personal Svcs accumulated 1,080 shares or 0.01% of the stock. Aristotle Boston Ltd Liability Corp owns 289,572 shares. 43,912 are owned by Texas Permanent School Fund.

Analysts await Wabash National Corporation (NYSE:WNC) to report earnings on January, 30. They expect $0.36 EPS, down 5.26% or $0.02 from last year’s $0.38 per share. WNC’s profit will be $21.32M for 13.37 P/E if the $0.36 EPS becomes a reality. After $0.34 actual EPS reported by Wabash National Corporation for the previous quarter, Wall Street now forecasts 5.88% EPS growth.

Among 9 analysts covering Wabash National Corp (NYSE:WNC), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Wabash National Corp had 20 analyst reports since September 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, February 2 by Piper Jaffray. The stock of Wabash National Corporation (NYSE:WNC) earned “Neutral” rating by PiperJaffray on Thursday, February 2. The firm earned “Hold” rating on Tuesday, October 31 by Stifel Nicolaus. As per Monday, September 28, the company rating was upgraded by Global Hunter Securities. On Thursday, July 6 the stock rating was maintained by BMO Capital Markets with “Hold”. CLSA initiated the stock with “Underperform” rating in Friday, September 30 report. Stifel Nicolaus maintained Wabash National Corporation (NYSE:WNC) rating on Monday, September 11. Stifel Nicolaus has “Hold” rating and $22.0 target. The firm earned “Hold” rating on Monday, November 6 by Stifel Nicolaus. The firm has “Hold” rating by Stifel Nicolaus given on Sunday, October 15. Stifel Nicolaus upgraded the stock to “Hold” rating in Thursday, January 26 report.

Ajo Lp increased Westrock stake by 2.76 million shares to 2.78 million valued at $157.64 million in 2017Q2. It also upped Ca (NASDAQ:CA) stake by 125,340 shares and now owns 928,573 shares. Ryman Hospitality Ppty (NYSE:RHP) was raised too.


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