Boston Partners decreased its holdings in USA Truck, Inc. (NASDAQ:USAK) by 38.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 369,995 shares of the transportation company’s stock after selling 233,068 shares during the period. Boston Partners’ holdings in USA Truck were worth $6,708,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in USAK. BlueCrest Capital Management Ltd lifted its position in USA Truck by 12.4% during the second quarter. BlueCrest Capital Management Ltd now owns 28,105 shares of the transportation company’s stock valued at $243,000 after buying an additional 3,105 shares during the period. Citigroup Inc. lifted its position in USA Truck by 44.0% during the second quarter. Citigroup Inc. now owns 14,635 shares of the transportation company’s stock valued at $127,000 after buying an additional 4,470 shares during the period. Callahan Advisors LLC lifted its position in USA Truck by 70.3% during the fourth quarter. Callahan Advisors LLC now owns 25,996 shares of the transportation company’s stock valued at $471,000 after buying an additional 10,732 shares during the period. Acadian Asset Management LLC purchased a new position in USA Truck during the fourth quarter valued at $217,000. Finally, Citadel Advisors LLC purchased a new position in USA Truck during the third quarter valued at $203,000. 63.89% of the stock is owned by institutional investors.

USA Truck, Inc. (NASDAQ:USAK) opened at $25.74 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.05 and a quick ratio of 1.04. The stock has a market capitalization of $216.74, a PE ratio of 27.68 and a beta of 2.26. USA Truck, Inc. has a 52-week low of $5.73 and a 52-week high of $27.45.

USA Truck (NASDAQ:USAK) last posted its quarterly earnings results on Thursday, February 1st. The transportation company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.27. The firm had revenue of $117.80 million during the quarter, compared to analyst estimates of $116.80 million. USA Truck had a negative return on equity of 7.58% and a net margin of 1.68%. USA Truck’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.25) EPS. research analysts expect that USA Truck, Inc. will post 1.2 earnings per share for the current year.

Several equities analysts have commented on USAK shares. Zacks Investment Research raised USA Truck from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Wednesday, December 27th. TheStreet raised USA Truck from a “d” rating to a “c” rating in a research report on Friday, February 2nd. Cowen raised their price objective on USA Truck from $16.00 to $29.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Finally, Stephens raised USA Truck from an “equal” rating to a “weight” rating in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $21.67.

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About USA Truck

USA Truck, Inc is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). The Trucking segment consists of truckload and dedicated freight services.

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Institutional Ownership by Quarter for USA Truck (NASDAQ:USAK)

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