Marten Transport LTD (NASDAQ:MRTN) Institutional Investors 2018 Q1 Sentiment

June 13, 2018 - By Gloria Calhoun

Marten Transport, Ltd. (NASDAQ:MRTN) Logo

Sentiment for Marten Transport LTD (NASDAQ:MRTN)

Marten Transport LTD (NASDAQ:MRTN) institutional sentiment decreased to 1.29 in 2018 Q1. Its down -0.05, from 1.34 in 2017Q4. The ratio is negative, as 85 investment professionals increased or opened new stock positions, while 66 cut down and sold their stakes in Marten Transport LTD. The investment professionals in our partner’s database reported: 35.75 million shares, down from 36.35 million shares in 2017Q4. Also, the number of investment professionals holding Marten Transport LTD in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 17 Reduced: 49 Increased: 48 New Position: 37.

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. The company has market cap of $1.31 billion. It operates through four divisions: Truckload, Dedicated, Intermodal, and Brokerage. It has a 14.52 P/E ratio. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment.

The stock decreased 0.42% or $0.1 during the last trading session, reaching $23.95. About 100,851 shares traded. Marten Transport, Ltd. (NASDAQ:MRTN) has risen 47.96% since June 13, 2017 and is uptrending. It has outperformed by 35.39% the S&P500.

Analysts await Marten Transport, Ltd. (NASDAQ:MRTN) to report earnings on July, 19. They expect $0.22 earnings per share, up 29.41 % or $0.05 from last year’s $0.17 per share. MRTN’s profit will be $12.01M for 27.22 P/E if the $0.22 EPS becomes a reality. After $0.19 actual earnings per share reported by Marten Transport, Ltd. for the previous quarter, Wall Street now forecasts 15.79 % EPS growth.

12Th Street Asset Management Company Llc holds 2.9% of its portfolio in Marten Transport, Ltd. for 540,692 shares. Alphaone Investment Services Llc owns 218,279 shares or 1.37% of their US portfolio. Moreover, Next Century Growth Investors Llc has 1.29% invested in the company for 423,358 shares. The Connecticut-based Pier Capital Llc has invested 1.13% in the stock. Granite Investment Partners Llc, a California-based fund reported 647,037 shares.

Since January 1, 0001, it had 1 insider buy, and 2 insider sales for $271,698 activity.

Marten Transport, Ltd. (NASDAQ:MRTN) Ratings Coverage

Ratings analysis reveals 33% of Marten Transport’s analysts are positive. Out of 3 Wall Street analysts rating Marten Transport, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $20 while the high is $30.0. The stock’s average target of $25 is 4.38% above today’s ($23.95) share price. MRTN was included in 4 notes of analysts from January 8, 2018. The stock of Marten Transport, Ltd. (NASDAQ:MRTN) has “Buy” rating given on Monday, January 8 by Stephens. The firm has “Buy” rating given on Friday, January 26 by Seaport Global. The firm has “Hold” rating given on Friday, April 6 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, April 20 by Stephens.

Another recent and important Marten Transport, Ltd. (NASDAQ:MRTN) news was published by Nasdaq.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Marten Transport, Photronics, Cray, Rockwell Automation, Groupon …” on June 11, 2018.

Marten Transport, Ltd. (NASDAQ:MRTN) Institutional Positions Chart

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