RLI Corp. (RLI) Forms $63.52 Double Top; Heartland Express (HTLD)’s Sentiment Is 1.1

Heartland Express, Inc. (NASDAQ:HTLD) Logo

Heartland Express Inc (HTLD) investors sentiment decreased to 1.1 in 2017 Q4. It’s down -0.46, from 1.56 in 2017Q3. The ratio worsened, as 74 hedge funds increased or opened new positions, while 67 sold and decreased positions in Heartland Express Inc. The hedge funds in our database reported: 47.22 million shares, up from 47.07 million shares in 2017Q3. Also, the number of hedge funds holding Heartland Express Inc in top ten positions decreased from 3 to 2 for a decrease of 1. Sold All: 27 Reduced: 40 Increased: 43 New Position: 31.

RLI Corp. (RLI) formed double top with $67.97 target or 7.00% above today’s $63.52 share price. RLI Corp. (RLI) has $2.81B valuation. The stock increased 0.38% or $0.24 during the last trading session, reaching $63.52. About 132,251 shares traded. RLI Corp. (NYSE:RLI) has risen 8.68% since May 1, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Investors sentiment increased to 1.57 in 2017 Q4. Its up 0.21, from 1.36 in 2017Q3. It increased, as 7 investors sold RLI Corp. shares while 49 reduced holdings. 27 funds opened positions while 61 raised stakes. 37.42 million shares or 3.33% more from 36.22 million shares in 2017Q3 were reported. Barclays Public Ltd Com holds 0% or 6,115 shares in its portfolio. Savings Bank Of America De holds 209,711 shares or 0% of its portfolio. Bokf Na owns 6,661 shares for 0.01% of their portfolio. Pictet Asset holds 222,937 shares. Proshare Advsrs Ltd Liability Com reported 146,988 shares. Profund Advsrs Limited stated it has 6,563 shares. Ls Inv Limited Co holds 1,146 shares. Voya Mgmt Limited Com invested in 17,511 shares or 0% of the stock. Parallax Volatility Advisers Ltd Partnership invested 0% of its portfolio in RLI Corp. (NYSE:RLI). Renaissance Tech Limited Liability Corp reported 0% stake. Cibc Asset Mgmt owns 3,713 shares or 0% of their US portfolio. Hexavest accumulated 0% or 1,900 shares. Financial Bank Of Mellon holds 562,883 shares. Rafferty Asset Management Llc reported 0.01% stake. Thomson Horstmann And Bryant Inc invested in 0.07% or 8,801 shares.

Among 6 analysts covering RLI Corporation (NYSE:RLI), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. RLI Corporation has $58.0 highest and $40 lowest target. $50.17’s average target is -21.02% below currents $63.52 stock price. RLI Corporation had 25 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, September 18. RBC Capital Markets downgraded RLI Corp. (NYSE:RLI) rating on Friday, December 9. RBC Capital Markets has “Underperform” rating and $53 target. The stock has “Mkt Perform” rating by FBR Capital on Thursday, September 3. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, October 21 report. RBC Capital Markets maintained RLI Corp. (NYSE:RLI) on Tuesday, May 23 with “Sell” rating. The rating was maintained by FBR Capital with “Hold” on Thursday, July 20. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. The firm earned “Sell” rating on Monday, July 31 by RBC Capital Markets. The company was maintained on Monday, December 4 by Keefe Bruyette & Woods. The stock of RLI Corp. (NYSE:RLI) has “Hold” rating given on Thursday, August 17 by Keefe Bruyette & Woods.

Since January 4, 2018, it had 1 insider purchase, and 5 selling transactions for $571,294 activity. RESTREPO ROBERT P JR had bought 675 shares worth $43,490 on Monday, January 29. $67,778 worth of RLI Corp. (NYSE:RLI) shares were sold by STONE MICHAEL J. 1,570 shares were sold by AHLMANN KAJ, worth $99,617. $58,291 worth of RLI Corp. (NYSE:RLI) was sold by Diefenthaler Aaron Paul.

The stock decreased 0.79% or $0.14 during the last trading session, reaching $17.69. About 505,581 shares traded. Heartland Express, Inc. (HTLD) has declined 6.95% since May 1, 2017 and is downtrending. It has underperformed by 18.50% the S&P500.

Heartland Express, Inc., through its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company has market cap of $1.47 billion. The firm primarily provides nationwide asset dry van truckload service for shippers from Washington to Florida and New England to California; and temperature-controlled transportation services. It has a 19.66 P/E ratio. It transports appliances, automotive parts, consumer products, paper products, packaged foodstuffs, and retail goods.

Heartland Express, Inc. (NASDAQ:HTLD) Institutional Positions Chart