USA Truck, Inc. (NASDAQ:USAK) Stock Position Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its stake in shares of USA Truck, Inc. (NASDAQ:USAK) by 71.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,004 shares of the transportation company’s stock after purchasing an additional 12,511 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.34% of USA Truck worth $482,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in USAK. Alpha Paradigm Partners LLC acquired a new stake in shares of USA Truck during the first quarter worth $25,000. Barclays PLC acquired a new stake in shares of USA Truck during the first quarter worth $63,000. Public Employees Retirement System of Ohio raised its position in shares of USA Truck by 131.7% during the first quarter. Public Employees Retirement System of Ohio now owns 7,826 shares of the transportation company’s stock worth $150,000 after purchasing an additional 4,449 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of USA Truck during the first quarter worth $296,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of USA Truck during the second quarter worth $359,000. 46.32% of the stock is currently owned by institutional investors.

Shares of USAK stock opened at $14.21 on Friday. USA Truck, Inc. has a 1-year low of $8.04 and a 1-year high of $21.89. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $126.38 million, a price-to-earnings ratio of 7.94 and a beta of 2.14. The stock’s fifty day simple moving average is $14.29 and its 200-day simple moving average is $15.54.

USA Truck (NASDAQ:USAK) last issued its quarterly earnings results on Thursday, July 29th. The transportation company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. USA Truck had a return on equity of 19.81% and a net margin of 2.55%. The business had revenue of $170.03 million for the quarter. On average, sell-side analysts predict that USA Truck, Inc. will post 2.1 EPS for the current year.

A number of equities research analysts have recently issued reports on USAK shares. Zacks Investment Research raised USA Truck from a “sell” rating to a “hold” rating in a research report on Saturday, September 4th. Cowen lifted their price target on USA Truck from $24.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday.

USA Truck Company Profile

USA Truck, Inc engages in the provision of transportation of general commodities. It operates through the Trucking and USAT Logistics segments. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics and rail intermodal services.

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Institutional Ownership by Quarter for USA Truck (NASDAQ:USAK)

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