Heartland ExpressHTLD
Market Cap: $923M
About: Heartland Express Inc is engaged in providing truckload services across the United States and Canada. These truckload services are asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services. The company's majority customers represent the consumer goods, appliances, food products, and automotive industries.
Employees: 6,320
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
39% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 44
5% less capital invested
Capital invested by funds: $529M [Q1] → $503M (-$26.1M) [Q2]
4.43% less ownership
Funds ownership: 56.0% [Q1] → 51.57% (-4.43%) [Q2]
7% less funds holding
Funds holding: 166 [Q1] → 154 (-12) [Q2]
30% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 40
85% less call options, than puts
Call options by funds: $653K | Put options by funds: $4.32M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Brandon Oglenski 58% 1-year accuracy 23 / 40 met price target | 7%downside $11 | Underweight Maintained | 1 Aug 2024 |
UBS Thomas Wadewitz 64% 1-year accuracy 9 / 14 met price target | 10%upside $13 | Neutral Downgraded | 9 Jul 2024 |
JP Morgan Brian Ossenbeck 48% 1-year accuracy 19 / 40 met price target | 15%downside $10 | Underweight Downgraded | 9 Jul 2024 |