Wabash National Co. (NYSE:WNC) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in shares of Wabash National Co. (NYSE:WNC) by 2.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 22,887 shares of the company’s stock after selling 545 shares during the period. Yousif Capital Management LLC’s holdings in Wabash National were worth $586,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WNC. EMC Capital Management acquired a new position in shares of Wabash National during the third quarter worth $129,000. DekaBank Deutsche Girozentrale lifted its holdings in Wabash National by 124.4% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 9,365 shares of the company’s stock worth $200,000 after buying an additional 5,192 shares in the last quarter. Mutual of America Capital Management LLC purchased a new position in Wabash National in the 4th quarter valued at about $207,000. Mackenzie Financial Corp acquired a new stake in shares of Wabash National during the fourth quarter valued at about $237,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Wabash National during the third quarter worth about $239,000. Hedge funds and other institutional investors own 97.05% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Wabash National from a “buy” rating to a “hold” rating in a report on Friday, April 26th.

Insider Activity at Wabash National

In other Wabash National news, Director Priyadarshi Sudhanshu sold 1,010 shares of the business’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $27.06, for a total transaction of $27,330.60. Following the completion of the transaction, the director now directly owns 6,386 shares of the company’s stock, valued at approximately $172,805.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Larry J. Magee sold 3,086 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $26.50, for a total transaction of $81,779.00. Following the transaction, the director now directly owns 114,146 shares of the company’s stock, valued at $3,024,869. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Priyadarshi Sudhanshu sold 1,010 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $27.06, for a total transaction of $27,330.60. Following the completion of the sale, the director now directly owns 6,386 shares of the company’s stock, valued at approximately $172,805.16. The disclosure for this sale can be found here. 1.78% of the stock is currently owned by insiders.

Wabash National Stock Up 2.0 %

NYSE:WNC opened at $23.34 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.11 and a debt-to-equity ratio of 0.73. The stock has a 50 day moving average of $27.00 and a 200-day moving average of $25.03. The firm has a market capitalization of $1.05 billion, a PE ratio of 5.61 and a beta of 1.62. Wabash National Co. has a 52 week low of $20.09 and a 52 week high of $30.07.

Wabash National (NYSE:WNC) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.06). Wabash National had a return on equity of 37.84% and a net margin of 8.15%. The company had revenue of $515.28 million for the quarter. Analysts predict that Wabash National Co. will post 2.21 EPS for the current year.

Wabash National Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, April 4th were issued a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.37%. Wabash National’s dividend payout ratio (DPR) is presently 7.69%.

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.