Heartland Express, Inc. (NASDAQ:HTLD) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in Heartland Express, Inc. (NASDAQ:HTLD) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 898,289 shares of the transportation company’s stock after acquiring an additional 45,732 shares during the period. Charles Schwab Investment Management Inc. owned 1.14% of Heartland Express worth $10,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in Heartland Express during the 4th quarter worth about $75,000. Intech Investment Management LLC acquired a new stake in Heartland Express during the 3rd quarter worth about $124,000. Ieq Capital LLC acquired a new stake in Heartland Express during the 4th quarter worth about $148,000. Allspring Global Investments Holdings LLC acquired a new stake in Heartland Express during the 4th quarter worth about $171,000. Finally, Paloma Partners Management Co acquired a new stake in Heartland Express during the 3rd quarter worth about $202,000. 53.45% of the stock is owned by institutional investors and hedge funds.

Heartland Express Price Performance

Shares of HTLD opened at $9.28 on Friday. The business’s 50-day moving average is $10.72 and its two-hundred day moving average is $11.39. The company has a market capitalization of $728.94 million, a P/E ratio of -25.08 and a beta of 0.80. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.17 and a current ratio of 1.08. Heartland Express, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $13.67.

Heartland Express (NASDAQ:HTLD) last announced its quarterly earnings results on Tuesday, January 28th. The transportation company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02. Heartland Express had a negative return on equity of 3.57% and a negative net margin of 2.84%. Research analysts predict that Heartland Express, Inc. will post 0.17 earnings per share for the current year.

Heartland Express Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date is Tuesday, March 25th. Heartland Express’s dividend payout ratio (DPR) is presently -21.62%.

Heartland Express Profile

Heartland Express, Inc, together with its subsidiaries, operates as a short-to-medium, and long-haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services.