Empowered Funds LLC Has $3.33 Million Position in Wabash National Co. (NYSE:WNC)

Empowered Funds LLC lessened its position in Wabash National Co. (NYSE:WNC - Free Report) by 31.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 194,224 shares of the company's stock after selling 91,037 shares during the period. Empowered Funds LLC owned approximately 0.45% of Wabash National worth $3,327,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of WNC. Gladius Capital Management LP bought a new stake in Wabash National in the third quarter valued at approximately $29,000. Meeder Asset Management Inc. bought a new stake in Wabash National in the third quarter valued at approximately $44,000. EMC Capital Management increased its stake in Wabash National by 88.1% in the fourth quarter. EMC Capital Management now owns 8,250 shares of the company's stock valued at $141,000 after purchasing an additional 3,864 shares in the last quarter. HighTower Advisors LLC bought a new stake in Wabash National in the third quarter valued at approximately $192,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Wabash National in the third quarter valued at approximately $203,000. Institutional investors own 97.05% of the company's stock.

Insider Transactions at Wabash National

In related news, SVP Michael N. Pettit sold 1,500 shares of the stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $17.19, for a total transaction of $25,785.00. Following the completion of the transaction, the senior vice president now owns 117,227 shares in the company, valued at approximately $2,015,132.13. This represents a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.78% of the stock is owned by insiders.

Wabash National Trading Up 0.2 %

NYSE:WNC traded up $0.03 during trading hours on Friday, hitting $12.43. The stock had a trading volume of 987,101 shares, compared to its average volume of 1,069,685. Wabash National Co. has a one year low of $12.35 and a one year high of $30.07. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.09 and a current ratio of 1.93. The company has a market cap of $538.50 million, a price-to-earnings ratio of -1.91 and a beta of 1.55. The business's 50 day moving average is $16.39 and its 200-day moving average is $18.06.

Wabash National (NYSE:WNC - Get Free Report) last issued 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 positive return on equity of 14.72% and a negative net margin of 14.59%. During the same quarter in the prior year, the company posted $1.07 EPS. Sell-side analysts anticipate that Wabash National Co. will post 0.94 EPS for the current fiscal year.

Wabash National Dividend Announcement

The business 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 dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.58%. The ex-dividend date is Thursday, April 3rd. Wabash National's dividend payout ratio is -4.91%.

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.