LSV Asset Management grew its stake in shares of Wabash National Corporation (NYSE:WNC) by 1.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,405,545 shares of the company’s stock after acquiring an additional 32,200 shares during the quarter. LSV Asset Management owned about 5.77% of Wabash National Corporation worth $74,853,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its holdings in shares of Wabash National Corporation by 749.0% during the 1st quarter. Russell Investments Group Ltd. now owns 238,178 shares of the company’s stock worth $4,927,000 after buying an additional 210,124 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Wabash National Corporation by 2.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 87,690 shares of the company’s stock worth $1,813,000 after buying an additional 2,335 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Wabash National Corporation by 25.3% during the 1st quarter. First Trust Advisors LP now owns 516,919 shares of the company’s stock worth $10,695,000 after buying an additional 104,419 shares in the last quarter. Suntrust Banks Inc. raised its holdings in shares of Wabash National Corporation by 50.5% during the 1st quarter. Suntrust Banks Inc. now owns 15,535 shares of the company’s stock worth $320,000 after buying an additional 5,211 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Wabash National Corporation by 10.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 29,014 shares of the company’s stock worth $600,000 after buying an additional 2,775 shares in the last quarter.

Wabash National Corporation (WNC) opened at 20.50 on Friday. The stock’s 50 day moving average price is $20.39 and its 200-day moving average price is $21.00. Wabash National Corporation has a 12-month low of $10.74 and a 12-month high of $24.16. The firm has a market cap of $1.21 billion, a PE ratio of 13.22 and a beta of 1.78.

Wabash National Corporation (NYSE:WNC) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by $0.05. Wabash National Corporation had a net margin of 5.77% and a return on equity of 20.76%. The business had revenue of $435.90 million for the quarter, compared to the consensus estimate of $436.85 million. During the same period in the prior year, the business posted $0.55 EPS. Wabash National Corporation’s quarterly revenue was down 7.5% on a year-over-year basis. Equities research analysts anticipate that Wabash National Corporation will post $1.46 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the company. BidaskClub raised Wabash National Corporation from a “hold” rating to a “buy” rating in a report on Monday, July 24th. BMO Capital Markets reissued a “hold” rating and set a $20.00 price target on shares of Wabash National Corporation in a report on Friday, July 7th. Zacks Investment Research raised Wabash National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 15th. ValuEngine raised Wabash National Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, Aegis boosted their price target on Wabash National Corporation from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $20.57.

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Wabash National Corporation Profile

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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