Menta Capital LLC Invests $165,000 in US Xpress Enterprises Inc (USX) Stock

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Menta Capital LLC acquired a new position in shares of US Xpress Enterprises Inc (NYSE:USX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 29,416 shares of the company’s stock, valued at approximately $165,000.

Several other institutional investors and hedge funds have also bought and sold shares of USX. Meeder Asset Management Inc. acquired a new stake in shares of US Xpress Enterprises in the 4th quarter valued at approximately $48,000. Tower Research Capital LLC TRC acquired a new stake in shares of US Xpress Enterprises in the 3rd quarter valued at approximately $114,000. New York State Common Retirement Fund acquired a new stake in shares of US Xpress Enterprises in the 4th quarter valued at approximately $131,000. Rhumbline Advisers lifted its holdings in shares of US Xpress Enterprises by 55.1% in the 4th quarter. Rhumbline Advisers now owns 24,914 shares of the company’s stock valued at $140,000 after buying an additional 8,846 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in shares of US Xpress Enterprises in the 3rd quarter valued at approximately $142,000. 34.27% of the stock is owned by institutional investors and hedge funds.

In related news, insider William Eric Fuller sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $8.75, for a total value of $87,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NYSE USX opened at $7.24 on Friday. US Xpress Enterprises Inc has a 1-year low of $4.83 and a 1-year high of $16.94. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.08 and a current ratio of 1.08.

US Xpress Enterprises (NYSE:USX) last released its quarterly earnings data on Thursday, February 7th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. US Xpress Enterprises had a return on equity of 31.03% and a net margin of 1.38%. The firm had revenue of $469.22 million during the quarter, compared to the consensus estimate of $479.22 million. During the same period last year, the business posted $0.14 EPS. US Xpress Enterprises’s quarterly revenue was up 8.8% on a year-over-year basis. On average, research analysts predict that US Xpress Enterprises Inc will post 1.53 EPS for the current fiscal year.

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US Xpress Enterprises Profile

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 asset-based truckload services, including the over-the-road and contract services. The Brokerage segment provides non-asset-based freight brokerage services.

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Institutional Ownership by Quarter for US Xpress Enterprises (NYSE:USX)

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