Arrowstreet Capital Limited Partnership acquired a new position in shares of USA Truck, Inc. (NASDAQ:USAK) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 59,388 shares of the transportation company’s stock, valued at approximately $1,077,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Citadel Advisors LLC bought a new stake in shares of USA Truck during the 3rd quarter worth $203,000. Acadian Asset Management LLC bought a new stake in shares of USA Truck during the 4th quarter worth $217,000. Wells Fargo & Company MN lifted its holdings in shares of USA Truck by 88.6% during the 4th quarter. Wells Fargo & Company MN now owns 13,204 shares of the transportation company’s stock worth $240,000 after acquiring an additional 6,204 shares during the last quarter. Macquarie Group Ltd. bought a new stake in shares of USA Truck during the 3rd quarter worth $259,000. Finally, JPMorgan Chase & Co. bought a new stake in USA Truck in the third quarter worth $306,000. 66.28% of the stock is owned by institutional investors.

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Shares of USA Truck, Inc. (NASDAQ USAK) opened at $26.35 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.01 and a quick ratio of 1.00. USA Truck, Inc. has a one year low of $5.73 and a one year high of $27.94.

USA Truck (NASDAQ:USAK) last posted its quarterly earnings results on Thursday, February 1st. The transportation company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.27. The business had revenue of $117.80 million during the quarter, compared to the consensus estimate of $116.80 million. USA Truck had a net margin of 1.68% and a negative return on equity of 7.09%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.25) earnings per share. equities analysts forecast that USA Truck, Inc. will post 1.33 EPS for the current fiscal year.

Several research firms have weighed in on USAK. Cowen boosted their price target on shares of USA Truck from $16.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Stephens raised shares of USA Truck from an “equal” rating to a “weight” rating in a research note on Friday, February 2nd. TheStreet raised shares of USA Truck from a “d” rating to a “c” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research raised shares of USA Truck from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Wednesday, December 27th. Two analysts have rated the stock with a hold rating and three have issued 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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USA Truck Company Profile

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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