Kennedy Capital Management LLC Has $3.79 Million Holdings in Wabash National Co. (NYSE:WNC)

Kennedy Capital Management LLC trimmed its position in Wabash National Co. (NYSE:WNC - Free Report) by 38.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 221,189 shares of the company's stock after selling 136,042 shares during the period. Kennedy Capital Management LLC owned approximately 0.51% of Wabash National worth $3,789,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EMC Capital Management boosted its position in shares of Wabash National by 88.1% during the fourth quarter. EMC Capital Management now owns 8,250 shares of the company's stock worth $141,000 after purchasing an additional 3,864 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of Wabash National by 332,066.7% in the fourth quarter. AlphaQuest LLC now owns 9,965 shares of the company's stock worth $171,000 after acquiring an additional 9,962 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Wabash National during the 3rd quarter valued at about $192,000. Entropy Technologies LP acquired a new position in shares of Wabash National in the 4th quarter valued at approximately $219,000. Finally, FMR LLC increased its stake in Wabash National by 84.1% during the 3rd quarter. FMR LLC now owns 13,362 shares of the company's stock worth $256,000 after purchasing an additional 6,105 shares in the last quarter. Institutional investors own 97.05% of the company's stock.

Wabash National Stock Up 3.0 %

Shares of Wabash National stock traded up $0.30 during trading on Friday, reaching $10.21. The stock had a trading volume of 4,625,152 shares, compared to its average volume of 755,434. The company has a current ratio of 1.93, a quick ratio of 1.09 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $431.54 million, a price-to-earnings ratio of -1.57 and a beta of 1.49. The stock has a fifty day moving average price of $11.16 and a two-hundred day moving average price of $15.47. Wabash National Co. has a 52 week low of $9.00 and a 52 week high of $26.41.

Wabash National (NYSE:WNC - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates 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 period last year, the company posted $1.07 EPS. Sell-side analysts predict 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 paid a dividend of $0.08 per share. The ex-dividend date is Thursday, April 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.14%. Wabash National's dividend payout ratio is -4.91%.

Wall Street Analyst Weigh In

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

About Wabash National

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.