Economy

Landstar System, Inc. (NASDAQ:LSTR) Sees Unusual Trading Volume in Its Shares

Landstar System, Inc. (NASDAQ:LSTR) Sees Unusual Trading Volume in Its Shares”

Moreover, Saba Capital Management L.P. has 0.37% invested in the company for 366,687 shares. FMR LLC now owns 1,209,985 shares of the transportation company's stock valued at $103,575,000 after buying an additional 475,220 shares during the last quarter.

About 209,490 shares traded. (NASDAQ:LSTR) rating on Monday, August 7. It has underperformed by 12.37% the S&P500.

Capstone Asset Management Comm has invested 0.01% in Landstar System, Inc. Janus Capital Management LLC divested its position by selling 435,454 shares a decrease of 75.8% from 12/31/2016 to 03/31/2017. (LSTR)'s stock declined 6.13%. Marshall Wace North America L.P. now owns 121,471 shares of the transportation company's stock valued at $10,447,000 after buying an additional 115,052 shares in the last quarter. Zacks Investment Research cut shares of Landstar System from a "buy" rating to a "hold" rating in a research note on Thursday, August 3rd. The stock decreased 5.78% or $1.31 during the last trading session, reaching $21.37. 548,631 shares of the company traded hands. (NASDAQ:LSTR) has risen 24.66% since September 6, 2016 and is uptrending. It has outperformed by 7.96% the S&P500. Finally, Cowen and Company reiterated a hold rating and issued a $86.00 target price on shares of Landstar System in a research note on Monday, August 28th. Therefore 27% are positive.

Ratings analysis reveals 27% of Landstar System's analysts are positive.

Company chares are trading at $94.20 well above the 50 day moving average which is $85.50 and a great deal higher than the 200 day moving average of $85.37. Landstar System's payout ratio is 11.56%.

12/14/2015 - Landstar System, Inc. was downgraded to "hold" by analysts at BB&T Capital Markets. Landstar Sys Inc now has $3.96 billion valuation. As per Friday, January 29, the company rating was maintained by Oppenheimer. The stock has "Neutral" rating by Macquarie Research on Friday, October 23. Deutsche Bank AG downgraded Landstar System from a "buy" rating to a "hold" rating and lowered their target price for the stock from $97.00 to $87.00 in a research note on Monday, July 31st. (NASDAQ:LSTR) on Friday, October 23 with "Sector Perform" rating. Out of 3 Wall Street analysts rating Fulton Fincl, 1 give it "Buy", 1 "Sell" rating, while 1 recommend "Hold". $501,019 worth of Landstar System, Inc. The company was downgraded on Thursday, March 31 by Stifel Nicolaus. Envestnet Asset Mngmt Inc owns 17,203 shares.

Hillsdale Investment Management Inc decreased Domtar Corp (NYSE:UFS) stake by 61,300 shares to 35,900 valued at $1.40 million in 2016Q4. It also upped Advisory Brd Co (NASDAQ:ABCO) stake by 25,150 shares and now owns 426,200 shares. Cdw Corporation (NASDAQ:CDW) was raised too.

Since March 14, 2017, it had 0 insider purchases, and 2 sales for $967,640 activity. 5,448 shares were sold by Stout L Kevin, worth $466,621 on Tuesday, March 14.

Investors sentiment increased to 1.36 in Q4 2016. The stock witnessed -0.94% declines, -8.89% declines and 3.06% gains for the 1-month, 3-month and 6-month period, respectively. Sold All: 30 Reduced: 95 Increased: 85 New Position: 48. Ny State Teachers Retirement System, a New York-based fund reported 72,734 shares. (NASDAQ:LSTR) will post earnings of $0.92 per share for the current fiscal quarter, Zacks reports. Manufacturers Life Insur Com The accumulated 56,870 shares. 14,712 are owned by Janney Montgomery Scott Limited Liability. has invested 0.03% of its portfolio in Landstar System, Inc. The legal version of this article can be accessed at https://www.truebluetribune.com/2017/09/06/landstar-system-inc-lstr-expected-to-post-earnings-of-0-92-per-share.html. First Quadrant LP Ca invested in 0.69% or 391,897 shares. Ahl Prtnrs Llp has 0.18% invested in Landstar System, Inc. (NASDAQ:LSTR) for 11,720 shares. Meeder Asset Management stated it has 0.11% of its portfolio in Landstar System, Inc.

The stock of Landstar System, Inc. (NASDAQ:LSTR). Rbf Cap Llc accumulated 10,000 shares. This indicates more upside for the $3.96B company. Renaissance Tech Ltd Liability Corporation owns 123,640 shares or 0.02% of their U.S. portfolio. With an institutional ownership near 87.2%, it carries an earnings per share ratio of -0.11.

Among 3 analysts covering Ultratech (NASDAQ:UTEK), 0 have Buy rating, 0 Sell and 3 Hold. The highest EPS estimate is $0.93 and the lowest is $0.91. Volume was up 112.87% over the stocks average daily volume. LSTR was included in 40 notes of analysts from August 20, 2015. The stock has "Hold" rating by Oppenheimer on Wednesday, July 26. The firm earned "Buy" rating on Monday, July 31 by Stifel Nicolaus. The ex-dividend date of this dividend was Thursday, August 10th.



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