Barclays PLC boosted its holdings in shares of Daseke Inc (NASDAQ:DSKE) by 76.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,835 shares of the company’s stock after purchasing an additional 42,886 shares during the period. Barclays PLC owned about 0.15% of Daseke worth $363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in Daseke by 12.8% during the 4th quarter. Geode Capital Management LLC now owns 544,014 shares of the company’s stock worth $2,001,000 after buying an additional 61,789 shares in the last quarter. Elk Creek Partners LLC lifted its holdings in Daseke by 11.1% during the 4th quarter. Elk Creek Partners LLC now owns 1,097,716 shares of the company’s stock worth $4,040,000 after buying an additional 109,576 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in Daseke during the 4th quarter worth approximately $515,000. Citigroup Inc. lifted its holdings in Daseke by 17.6% during the 4th quarter. Citigroup Inc. now owns 15,753 shares of the company’s stock worth $58,000 after buying an additional 2,362 shares in the last quarter. Finally, Freestone Capital Holdings LLC acquired a new stake in Daseke during the 4th quarter worth approximately $65,000. Institutional investors own 33.49% of the company’s stock.
Shares of NASDAQ:DSKE traded up $0.14 during trading hours on Friday, reaching $5.29. The stock had a trading volume of 83,921 shares, compared to its average volume of 329,275. Daseke Inc has a 1 year low of $3.13 and a 1 year high of $10.19. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.63. The company has a market cap of $337.82 million, a PE ratio of 8.27 and a beta of 1.31.
A number of research firms have issued reports on DSKE. Seaport Global Securities reiterated a “buy” rating on shares of Daseke in a report on Friday, April 5th. ValuEngine upgraded shares of Daseke from a “sell” rating to a “hold” rating in a report on Wednesday, March 20th. Craig Hallum upgraded shares of Daseke from a “hold” rating to a “buy” rating in a report on Monday, March 11th. Finally, BidaskClub raised shares of Daseke from a “sell” rating to a “hold” rating in a research report on Friday, February 8th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $15.00.
Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials.
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