Patriot Transportation Holding, Inc. (PATI) Position Raised by Estabrook Capital Management
Estabrook Capital Management increased its position in shares of Patriot Transportation Holding, Inc. (NASDAQ:PATI) by 3.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,363 shares of the transportation company’s stock after purchasing an additional 2,573 shares during the quarter. Estabrook Capital Management owned approximately 2.64% of Patriot Transportation Holding worth $1,561,000 at the end of the most recent quarter.
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Shares of Patriot Transportation Holding, Inc. (NASDAQ:PATI) traded up 0.10% during midday trading on Friday, hitting $19.25. 6,136 shares of the company were exchanged. The company has a market capitalization of $63.58 million, a P/E ratio of 17.07 and a beta of -0.09. Patriot Transportation Holding, Inc. has a one year low of $17.60 and a one year high of $27.32. The company has a 50-day moving average of $19.34 and a 200 day moving average of $20.18.
Patriot Transportation Holding (NASDAQ:PATI) last posted its quarterly earnings results on Wednesday, July 26th. The transportation company reported $0.14 EPS for the quarter. The business had revenue of $28.10 million during the quarter. Patriot Transportation Holding had a return on equity of 6.38% and a net margin of 3.24%. On average, equities research analysts expect that Patriot Transportation Holding, Inc. will post $1.10 earnings per share for the current fiscal year.
About Patriot Transportation Holding
Patriot Transportation Holding, Inc operates as a regional tank truck. The Company conducts its business through its subsidiary, Florida Rock & Tank Lines, Inc Its business consists of hauling petroleum related products, and dry bulk commodities and liquid chemicals. The Company operates terminals in Florida, Georgia, Alabama, South Carolina, North Carolina and Tennessee.
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