EntryPoint Capital LLC Invests $233,000 in Heartland Express, Inc. (NASDAQ:HTLD)

EntryPoint Capital LLC acquired a new position in Heartland Express, Inc. (NASDAQ:HTLD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 20,729 shares of the transportation company’s stock, valued at approximately $233,000.

Other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in shares of Heartland Express by 67.2% in the third quarter. Victory Capital Management Inc. now owns 53,597 shares of the transportation company’s stock worth $658,000 after purchasing an additional 21,539 shares in the last quarter. Intech Investment Management LLC acquired a new position in Heartland Express in the 3rd quarter valued at approximately $124,000. Charles Schwab Investment Management Inc. lifted its position in Heartland Express by 2.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,557 shares of the transportation company’s stock worth $10,469,000 after buying an additional 22,448 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Heartland Express during the 3rd quarter valued at $353,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Heartland Express by 112.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 31,441 shares of the transportation company’s stock valued at $386,000 after acquiring an additional 16,610 shares in the last quarter. 53.45% of the stock is currently owned by institutional investors and hedge funds.

Heartland Express Price Performance

Shares of NASDAQ:HTLD opened at $9.29 on Friday. The business has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $11.31. The company has a current ratio of 1.08, a quick ratio of 1.17 and a debt-to-equity ratio of 0.23. Heartland Express, Inc. has a 1 year low of $9.11 and a 1 year high of $13.67. The firm has a market cap of $729.73 million, a price-to-earnings ratio of -25.11 and a beta of 0.80.

Heartland Express (NASDAQ:HTLD) last announced its quarterly earnings results on Tuesday, January 28th. The transportation company reported ($0.02) earnings per share (EPS) for the quarter, beating 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%. As a group, sell-side analysts predict that Heartland Express, Inc. will post 0.17 earnings per share for the current fiscal year.

Heartland Express Announces Dividend

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