Crossmark Global Holdings Inc. purchased a new stake in Wabash National Corporation (NYSE:WNC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,612 shares of the company’s stock, valued at approximately $562,000.

Several other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in shares of Wabash National Corporation by 45,576.6% in the 1st quarter. BlackRock Inc. now owns 7,334,294 shares of the company’s stock valued at $151,748,000 after purchasing an additional 7,318,237 shares during the period. Royce & Associates LP boosted its position in shares of Wabash National Corporation by 17.9% in the 2nd quarter. Royce & Associates LP now owns 3,708,103 shares of the company’s stock valued at $81,504,000 after purchasing an additional 563,247 shares during the period. LSV Asset Management boosted its position in shares of Wabash National Corporation by 1.0% in the 2nd quarter. LSV Asset Management now owns 3,405,545 shares of the company’s stock valued at $74,853,000 after purchasing an additional 32,200 shares during the period. Rothschild Asset Management Inc. boosted its position in shares of Wabash National Corporation by 5.5% in the 2nd quarter. Rothschild Asset Management Inc. now owns 1,695,433 shares of the company’s stock valued at $37,266,000 after purchasing an additional 89,096 shares during the period. Finally, State Street Corp boosted its position in shares of Wabash National Corporation by 1.3% in the 2nd quarter. State Street Corp now owns 1,620,394 shares of the company’s stock valued at $35,616,000 after purchasing an additional 20,360 shares during the period.

A number of equities analysts recently weighed in on WNC shares. Aegis increased their price target on Wabash National Corporation from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, August 10th. Craig Hallum upgraded Wabash National Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. ValuEngine lowered Wabash National Corporation from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded Wabash National Corporation from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Wednesday, September 27th. Finally, BidaskClub upgraded Wabash National Corporation from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $22.86.

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Shares of Wabash National Corporation (NYSE WNC) opened at $18.97 on Friday. Wabash National Corporation has a 1 year low of $12.65 and a 1 year high of $24.16. The company has a market capitalization of $1,140.00, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.66 and a beta of 1.71. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.18 and a current ratio of 2.03.

Wabash National Corporation (NYSE:WNC) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.34 EPS for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.05). Wabash National Corporation had a return on equity of 18.42% and a net margin of 5.05%. The business had revenue of $425.10 million for the quarter, compared to analyst estimates of $449.05 million. During the same quarter in the previous year, the business posted $0.50 earnings per share. The company’s revenue was down 8.4% compared to the same quarter last year. equities analysts predict that Wabash National Corporation will post 1.35 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 26th. Shareholders of record on Thursday, October 5th were given a dividend of $0.06 per share. The ex-dividend date was Wednesday, October 4th. This represents a $0.24 dividend on an annualized basis and a yield of 1.27%. Wabash National Corporation’s payout ratio is presently 17.78%.

Wabash National Corporation Company 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.

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

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