Wabash National Co. (NYSE:WNC) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Wabash National Co. (NYSE:WNC - Free Report) by 8.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 925,952 shares of the company's stock after buying an additional 69,514 shares during the quarter. Charles Schwab Investment Management Inc. owned about 2.14% of Wabash National worth $15,862,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Pacer Advisors Inc. acquired a new position in Wabash National during the fourth quarter worth $25,688,000. Weiss Asset Management LP purchased a new stake in Wabash National during the third quarter worth $3,457,000. Hotchkis & Wiley Capital Management LLC grew its stake in Wabash National by 43.4% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 589,929 shares of the company's stock valued at $11,321,000 after acquiring an additional 178,430 shares during the last quarter. Wasatch Advisors LP grew its position in shares of Wabash National by 6.7% in the third quarter. Wasatch Advisors LP now owns 1,875,190 shares of the company's stock valued at $35,985,000 after purchasing an additional 117,704 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Wabash National by 121.4% during the 3rd quarter. Barclays PLC now owns 163,251 shares of the company's stock worth $3,132,000 after purchasing an additional 89,522 shares during the last quarter. Hedge funds and other institutional investors own 97.05% of the company's stock.

Wabash National Trading Down 4.3 %

NYSE:WNC traded down $0.50 on Monday, reaching $11.06. The stock had a trading volume of 1,768,204 shares, compared to its average volume of 668,422. Wabash National Co. has a 12-month low of $10.34 and a 12-month high of $30.07. The company has a market cap of $469.28 million, a price-to-earnings ratio of -1.70 and a beta of 1.64. The firm's fifty day moving average is $13.32 and its two-hundred day moving average is $16.68. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.93 and a quick ratio of 1.09.

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Wabash National (NYSE:WNC - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). Wabash National had a negative net margin of 14.59% and a positive return on equity of 14.72%. During the same quarter in the previous year, the company posted $1.07 EPS. Equities analysts expect that Wabash National Co. will post 0.94 EPS for the current fiscal year.

Wabash National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Thursday, April 3rd. Wabash National's dividend payout ratio is currently -4.91%.

Insider Activity at Wabash National

In other Wabash National news, SVP Michael N. Pettit sold 1,500 shares of Wabash National stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total value of $25,785.00. Following the completion of the sale, the senior vice president now owns 117,227 shares in the company, valued at $2,015,132.13. The trade was a 1.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.78% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, DA Davidson dropped their price target on Wabash National from $18.00 to $14.00 and set a "neutral" rating for the company in a research report on Monday, February 24th.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.