LSV Asset Management Has $390,000 Stock Holdings in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT)

LSV Asset Management trimmed its stake in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 53.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,525 shares of the company’s stock after selling 80,200 shares during the quarter. LSV Asset Management’s holdings in Radiant Logistics were worth $390,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Lord Abbett & CO. LLC grew its holdings in shares of Radiant Logistics by 26.3% during the first quarter. Lord Abbett & CO. LLC now owns 1,099,874 shares of the company’s stock valued at $5,961,000 after buying an additional 228,828 shares during the last quarter. Wasatch Advisors LP grew its holdings in shares of Radiant Logistics by 10.7% during the first quarter. Wasatch Advisors LP now owns 1,205,550 shares of the company’s stock valued at $6,534,000 after buying an additional 116,340 shares during the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Radiant Logistics by 22.6% during the fourth quarter. First Eagle Investment Management LLC now owns 498,121 shares of the company’s stock valued at $3,308,000 after buying an additional 91,669 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Radiant Logistics by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,905,214 shares of the company’s stock valued at $19,291,000 after buying an additional 59,435 shares during the last quarter. Finally, CM Management LLC grew its holdings in shares of Radiant Logistics by 6.9% during the second quarter. CM Management LLC now owns 775,000 shares of the company’s stock valued at $4,410,000 after buying an additional 50,000 shares during the last quarter. 53.59% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Radiant Logistics from a “hold” rating to a “buy” rating in a report on Friday, August 30th.

Radiant Logistics Stock Performance

Radiant Logistics stock opened at $6.41 on Friday. Radiant Logistics, Inc. has a fifty-two week low of $4.83 and a fifty-two week high of $7.03. The stock has a market cap of $301.27 million, a P/E ratio of 58.28 and a beta of 0.84.

Radiant Logistics Company Profile

Radiant Logistics, Inc, a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.