Koss Olinger Consulting LLC Has $333,000 Holdings in Wabash National Co. (NYSE:WNC)

Koss Olinger Consulting LLC cut its position in Wabash National Co. (NYSE:WNC) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,443 shares of the company’s stock after selling 1,050 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Wabash National were worth $333,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. bought a new position in shares of Wabash National in the third quarter valued at $44,000. EMC Capital Management grew its stake in shares of 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 buying an additional 3,864 shares in the last quarter. AlphaQuest LLC grew its stake 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 valued at $171,000 after buying an additional 9,962 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Wabash National in the third quarter valued at $192,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Wabash National in the third quarter valued at $203,000. 97.05% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, DA Davidson decreased their target price on shares of Wabash National from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, February 24th.

Insider Transactions at Wabash National

In other news, SVP Michael N. Pettit sold 1,500 shares of Wabash National stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total transaction of $25,785.00. Following the completion of the sale, the senior vice president now owns 117,227 shares of the company’s stock, valued at approximately $2,015,132.13. This trade represents a 1.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.78% of the company’s stock.

Wabash National Trading Down 0.4 %

WNC stock opened at $11.38 on Thursday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.93 and a quick ratio of 1.09. The company has a fifty day moving average price of $13.53 and a two-hundred day moving average price of $16.81. Wabash National Co. has a one year low of $10.34 and a one year high of $30.07. The stock has a market cap of $483.21 million, a price-to-earnings ratio of -1.75 and a beta of 1.64.

Wabash National (NYSE:WNC) last released its quarterly earnings data on Wednesday, January 29th. The company reported ($0.02) EPS 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 quarter in the prior year, the firm earned $1.07 EPS. Equities analysts anticipate that Wabash National Co. will post 0.94 EPS for the current year.

Wabash National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Thursday, April 3rd. Wabash National’s dividend payout ratio is currently -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.