New York: Heartland Express (NASDAQ:HTLD) Stock Has Just Had Its “Underweight” Rating Reiterated by JP Morgan. Shares now Have a $22 Target

February 15, 2018 - By Maria Brooks

 New York: Heartland Express (NASDAQ:HTLD) Stock Has Just Had Its

Investors sentiment decreased to 1.56 in Q3 2017. Its down 0.29, from 1.85 in 2017Q2. It is negative, as 21 investors sold Heartland Express, Inc. shares while 31 reduced holdings. 35 funds opened positions while 46 raised stakes. 47.07 million shares or 6.42% less from 50.30 million shares in 2017Q2 were reported.

Schwab Charles Investment Management Inc invested in 0.01% or 339,053 shares. Ameritas Inv Ptnrs invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Pinebridge Investments L P owns 6,203 shares. Renaissance Tech Lc invested 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). D E Shaw And Communications has 0% invested in Heartland Express, Inc. (NASDAQ:HTLD). Wellington Grp Inc Llp reported 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). Morgan Stanley stated it has 89,980 shares or 0% of all its holdings. Illinois-based Magnetar Finance Ltd Llc has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Citigroup reported 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). New York-based Alliancebernstein Limited Partnership has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Pacad Investment reported 2,189 shares or 0.01% of all its holdings. Numeric Limited Liability stated it has 0.01% in Heartland Express, Inc. (NASDAQ:HTLD). Bnp Paribas Arbitrage Sa reported 26,646 shares. Laurion Cap Mngmt Limited Partnership has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corporation stated it has 10,600 shares or 0% of all its holdings.

Since September 11, 2017, it had 0 buys, and 1 sale for $161,071 activity.

Heartland Express (NASDAQ:HTLD) Rating Reaffirmed

They currently have a $22 target on Heartland Express (NASDAQ:HTLD). The target price by JP Morgan would suggest a potential upside of 8.91 % from the company’s current stock price. This has been shown in a research note on 14 February.

Investors sentiment decreased to 1.56 in Q3 2017. Its down 0.29, from 1.85 in 2017Q2. It is negative, as 21 investors sold Heartland Express, Inc. shares while 31 reduced holdings. 35 funds opened positions while 46 raised stakes. 47.07 million shares or 6.42% less from 50.30 million shares in 2017Q2 were reported.

Schwab Charles Investment Management Inc invested in 0.01% or 339,053 shares. Ameritas Inv Ptnrs invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Pinebridge Investments L P owns 6,203 shares. Renaissance Tech Lc invested 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). D E Shaw And Communications has 0% invested in Heartland Express, Inc. (NASDAQ:HTLD). Wellington Grp Inc Llp reported 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). Morgan Stanley stated it has 89,980 shares or 0% of all its holdings. Illinois-based Magnetar Finance Ltd Llc has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Citigroup reported 0% of its portfolio in Heartland Express, Inc. (NASDAQ:HTLD). New York-based Alliancebernstein Limited Partnership has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Pacad Investment reported 2,189 shares or 0.01% of all its holdings. Numeric Limited Liability stated it has 0.01% in Heartland Express, Inc. (NASDAQ:HTLD). Bnp Paribas Arbitrage Sa reported 26,646 shares. Laurion Cap Mngmt Limited Partnership has invested 0% in Heartland Express, Inc. (NASDAQ:HTLD). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corporation stated it has 10,600 shares or 0% of all its holdings.

Since September 11, 2017, it had 0 buys, and 1 sale for $161,071 activity.

Heartland Express, Inc. (NASDAQ:HTLD) Ratings Coverage

Among 13 analysts covering Heartland Express (NASDAQ:HTLD), 1 have Buy rating, 5 Sell and 7 Hold. Therefore 8% are positive. Heartland Express has $26.0 highest and $15 lowest target. $20.56’s average target is 1.78% above currents $20.2 stock price. Heartland Express had 28 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Heartland Express, Inc. (NASDAQ:HTLD) has “Hold” rating given on Thursday, October 5 by Robert W. Baird. The stock of Heartland Express, Inc. (NASDAQ:HTLD) earned “Underweight” rating by Barclays Capital on Wednesday, April 6. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Underweight”. The rating was downgraded by Longbow on Friday, December 4 to “Neutral”. As per Wednesday, October 28, the company rating was maintained by Macquarie Research. The company was maintained on Monday, February 12 by Robert W. Baird. Stifel Nicolaus maintained Heartland Express, Inc. (NASDAQ:HTLD) rating on Wednesday, August 2. Stifel Nicolaus has “Hold” rating and $2200 target. As per Monday, October 5, the company rating was maintained by Barclays Capital. Stephens downgraded the stock to “Equal-Weight” rating in Friday, October 21 report. Wolfe Research downgraded Heartland Express, Inc. (NASDAQ:HTLD) on Wednesday, October 28 to “Underperform” rating.

The stock decreased 1.42% or $0.29 during the last trading session, reaching $20.2. About 73,636 shares traded. Heartland Express, Inc. (NASDAQ:HTLD) has risen 9.15% since February 15, 2017 and is uptrending. It has underperformed by 7.55% the S&P500.

Heartland Express, Inc., through its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company has market cap of $1.68 billion. The firm primarily provides nationwide asset dry van truckload service for shippers from Washington to Florida and New England to California; and temperature-controlled transportation services. It has a 33.89 P/E ratio. It transports appliances, automotive parts, consumer products, paper products, packaged foodstuffs, and retail goods.

More notable recent Heartland Express, Inc. (NASDAQ:HTLD) news were published by: Globenewswire.com which released: “Heartland Express, Inc. Announces the Retirement of Executive Vice President …” on November 01, 2017, also Reuters.com with their article: “BRIEF-Heartland Express Q4 Revenue Rose 18.3 Percent” published on February 12, 2018, Seekingalpha.com published: “Heartland Express – Not All Acquisitions Are Equal” on July 14, 2017. More interesting news about Heartland Express, Inc. (NASDAQ:HTLD) were released by: Globenewswire.com and their article: “Heartland Express, Inc. Reports Revenues and Earnings for the Fourth Quarter …” published on February 12, 2018 as well as Globenewswire.com‘s news article titled: “Heartland Express, Inc. Reports Revenues and Earnings for the Third Quarter of …” with publication date: October 27, 2017.

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