Rush Enterprises, Inc. (NASDAQ:RUSHA) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. cut its position in Rush Enterprises, Inc. (NASDAQ:RUSHA) by 7.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 251,267 shares of the company’s stock after selling 20,785 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.32% of Rush Enterprises worth $13,448,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in Rush Enterprises by 352.2% during the 1st quarter. GAMMA Investing LLC now owns 520 shares of the company’s stock worth $28,000 after acquiring an additional 405 shares during the period. Hexagon Capital Partners LLC lifted its position in Rush Enterprises by 70.3% during the 1st quarter. Hexagon Capital Partners LLC now owns 695 shares of the company’s stock worth $37,000 after acquiring an additional 287 shares during the period. Neo Ivy Capital Management acquired a new stake in Rush Enterprises during the 4th quarter worth approximately $43,000. Future Financial Wealth Managment LLC acquired a new stake in Rush Enterprises during the 1st quarter worth approximately $54,000. Finally, Clear Street Markets LLC acquired a new stake in Rush Enterprises during the 4th quarter worth approximately $100,000. 84.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Stephens began coverage on Rush Enterprises in a research report on Monday, July 8th. They set an “overweight” rating for the company.

Rush Enterprises Stock Performance

Shares of RUSHA stock opened at $49.50 on Monday. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The stock has a 50 day simple moving average of $44.18 and a 200-day simple moving average of $46.38. Rush Enterprises, Inc. has a 12-month low of $34.68 and a 12-month high of $53.78. The company has a current ratio of 1.43, a quick ratio of 0.28 and a debt-to-equity ratio of 0.32.

Rush Enterprises Profile

Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, Blue Bird, and Dennis Eagle.