Walleye Capital LLC acquired a new position in shares of U.S. Xpress Enterprises, Inc. (NYSE:USX – Get Rating) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 67,976 shares of the company’s stock, valued at approximately $182,000.
Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of U.S. Xpress Enterprises by 6.0% in the 1st quarter. Vanguard Group Inc. now owns 1,326,324 shares of the company’s stock worth $5,146,000 after acquiring an additional 74,626 shares in the last quarter. Becker Capital Management Inc. grew its stake in shares of U.S. Xpress Enterprises by 0.8% in the 2nd quarter. Becker Capital Management Inc. now owns 875,427 shares of the company’s stock worth $2,346,000 after acquiring an additional 6,759 shares in the last quarter. Truist Financial Corp grew its stake in shares of U.S. Xpress Enterprises by 232.0% in the 2nd quarter. Truist Financial Corp now owns 815,312 shares of the company’s stock worth $2,185,000 after acquiring an additional 569,712 shares in the last quarter. Twenty Acre Capital LP bought a new stake in shares of U.S. Xpress Enterprises in the 1st quarter worth $3,017,000. Finally, Fuller & Thaler Asset Management Inc. bought a new stake in shares of U.S. Xpress Enterprises in the 1st quarter worth $2,232,000. Institutional investors and hedge funds own 67.98% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently issued reports on the stock. Wolfe Research upgraded shares of U.S. Xpress Enterprises from an “underperform” rating to a “peer perform” rating in a research note on Friday, November 4th. Morgan Stanley reduced their price target on shares of U.S. Xpress Enterprises from $5.00 to $3.00 and set an “equal weight” rating for the company in a research report on Monday, November 7th.
U.S. Xpress Enterprises Price Performance
About U.S. Xpress Enterprises
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates through two segments, Truckload and Brokerage. The Truckload segment offers over-the-road trucking and contract services. The Brokerage segment provides non-asset-based freight brokerage services.
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