Economy

Swift Transportation Co (SWFT) Has Another Very Strong Trading Session

First Trust Advisors LP now owns 62,940 shares of the transportation company's stock worth $1,293,000 after acquiring an additional 3,831 shares in the last quarter. About 874,440 shares traded. As of December 31, 2016, the Business's fleet consisted of 13,937 company tractors and 4,429 owner-operator tractors, as well as 64,066 trailers, and 9,131 intermodal containers. It has outperformed by 8.88% the S&P500.

Pier Capital LLC cut its position in Swift Transportation Company (NYSE:SWFT) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. Leuthold Group Llc acquired 90,021 shares as Intercontinentalexchange Group (ICE)'s stock rose 1.58%. Baird Financial Group Inc. increased its position in shares of Swift Transportation by 2.0% in the 1st quarter. About shares traded. Visa Inc (NYSE:V) has risen 20.29% since September 4, 2016 and is uptrending. It has underperformed by 11.84% the S&P500. Oasis Pete Inc New (NYSE:OAS) was reduced too.

Investors sentiment increased to 1.48 in Q4 2016. The stock increased 0.37% or $0.38 on September 1, reaching $103.9.

In other news, CFO Virginia Henkels sold 17,153 shares of the company's stock in a transaction on Friday, August 25th.

Several other large investors also recently made changes to their positions in SWFT. Stephens Ar has 58,140 shares for 0.06% of their portfolio. State Of Alaska Department Of Revenue has 0.3% invested in Intercontinental Exchange Inc (NYSE:ICE). It was reported on Sep, 5 by Barchart.com. Livforsakringsbolaget Skandia Omsesidigt reported 3,800 shares or 0.02% of all its holdings. State Street Corporation, a Massachusetts-based fund reported 1.70M shares. Hgk Asset Management has invested 0.11% in Visa Inc (NYSE:V).

Among 32 analysts covering Visa Inc. Wealthtrust Axiom Limited Liability Co holds 1.81% or 890,754 shares. St Germain D J has invested 0.15% in Visa Inc (NYSE:V).

The stock decreased 0.45% or GBX 0.8 on September 1, reaching GBX 178.2. Grantham Mayo Van Otterloo & Communication Ltd holds 0% or 14,700 shares in its portfolio. Panagora Asset Mngmt holds 91,163 shares. Therefore 79% are positive. The value of the company's investment in Swift Transportation Company Cl went from $477,000 to $211,000,000 a change of $210,523,000 for the reporting period. The firm has "Hold" rating by Stifel Nicolaus given on Monday, July 24. On Thursday, January 7 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". The firm has "Corporate" rating given on Wednesday, April 27 by FinnCap. The stock of Swift Transportation Co (NYSE:SWFT) earned "Buy" rating by Evercore on Monday, October 5. The rating was maintained by Goldman Sachs on Friday, May 6 with "Buy". The firm has "Buy" rating by UBS given on Tuesday, October 25.

Swift Transportation Company is a multi-faceted transportation services company. The company has market cap of $134.27 billion. As of December 31, 2016, the Company operated fleets of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. It has a 121.92 P/E ratio. The Company' divisions include Truckload, Dedicated, Swift Refrigerated and Intermodal.

Investors sentiment decreased to 0.6 in Q4 2016. Its up 0.07, from 1.41 in 2016Q3.

More notable recent Swift Transportation Co (NYSE:SWFT) news were published by: Law360.com which released: "Swift Transportation Investor Blasts Founder's Borrowing" on February 15, 2017, also Investorplace.com with their article: "Trucking M&A: Swift Transportation Co (SWX), Knight Transportation (KNX) to Merge" published on April 11, 2017, Marketwatch.com published: "Knight Transportation and Swift Transportation merge in $6 billion deal" on April 10, 2017. 132 funds opened positions while 525 raised stakes. Skylands Cap Limited Liability reported 43,000 shares. Northern Trust Corp has 0.01% invested in Swift Transportation Co (NYSE:SWFT). BidaskClub downgraded shares of Swift Transportation from a buy rating to a hold rating in a research note on Tuesday, July 11th. Ajo Ltd Partnership accumulated 201,429 shares. Ngam L P has 484,012 shares for 0.14% of their portfolio. Macquarie Limited owns 894,436 shares. Connor Clark Lunn Investment Mgmt reported 0.01% stake. (NYSE:WBC). East Coast Asset Limited Liability Co holds 18,736 shares or 0.6% of its portfolio. Sumitomo Mitsui Tru reported 148,080 shares. Canada Pension Plan Board, Ontario - Canada-based fund reported 368,201 shares. Fincl Bank Of Hawaii holds 0.39% or 54,026 shares in its portfolio. Bank of America maintained the shares of V in report on Friday, July 21 with "Buy" rating. Maverick Ltd owns 129,730 shares for 0.04% of their portfolio.

Commonwealth Equity Services Inc reported 0% of its portfolio in Student Transportation Inc (NASDAQ:STB).



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