B. Metzler seel. Sohn & Co. AG Has $3.22 Million Holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

B. Metzler seel. Sohn & Co. AG decreased its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,731 shares of the transportation company's stock after selling 8,389 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Knight-Swift Transportation were worth $3,221,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Alliancebernstein L.P. raised its holdings in shares of Knight-Swift Transportation by 20.5% during the fourth quarter. Alliancebernstein L.P. now owns 292,859 shares of the transportation company's stock worth $15,533,000 after purchasing an additional 49,899 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in Knight-Swift Transportation by 13.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 4,962 shares of the transportation company's stock valued at $263,000 after acquiring an additional 604 shares during the period. California Public Employees Retirement System grew its holdings in shares of Knight-Swift Transportation by 3.4% during the fourth quarter. California Public Employees Retirement System now owns 697,913 shares of the transportation company's stock valued at $37,017,000 after purchasing an additional 22,713 shares during the last quarter. Schroder Investment Management Group bought a new position in shares of Knight-Swift Transportation during the fourth quarter valued at approximately $221,000. Finally, Allstate Corp bought a new stake in shares of Knight-Swift Transportation in the 4th quarter worth approximately $252,000. 88.77% of the stock is currently owned by institutional investors.

Knight-Swift Transportation Price Performance

Shares of KNX traded down $0.56 during trading hours on Friday, hitting $39.01. 4,842,310 shares of the company were exchanged, compared to its average volume of 2,249,146. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.85 and a quick ratio of 1.01. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The company has a market capitalization of $6.32 billion, a PE ratio of 53.44 and a beta of 1.16. The firm has a fifty day simple moving average of $49.84 and a 200-day simple moving average of $52.79.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The transportation company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a net margin of 1.59% and a return on equity of 2.43%. As a group, sell-side analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 7th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.85%. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, March 7th. Knight-Swift Transportation's payout ratio is presently 98.63%.

Insider Activity at Knight-Swift Transportation

In other news, Director Douglas L. Col purchased 5,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average price of $45.37 per share, with a total value of $226,850.00. Following the purchase, the director now owns 5,000 shares in the company, valued at $226,850. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KNX shares. Bank of America cut Knight-Swift Transportation from a "buy" rating to a "neutral" rating and cut their target price for the company from $66.00 to $46.00 in a research note on Tuesday, April 1st. Citigroup raised shares of Knight-Swift Transportation from a "sell" rating to a "neutral" rating and set a $53.00 target price for the company in a research note on Monday, March 10th. Benchmark assumed coverage on shares of Knight-Swift Transportation in a research note on Tuesday, March 4th. They issued a "buy" rating and a $63.00 price target on the stock. Raymond James boosted their price objective on Knight-Swift Transportation from $62.00 to $66.00 and gave the stock a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, StockNews.com upgraded Knight-Swift Transportation from a "sell" rating to a "hold" rating in a research report on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $57.24.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.