National Interstate Corp. (NASDAQ:NATL) gapped down prior to trading on Tuesday . The stock had previously closed at $32.25, but opened at $32.30. National Interstate Corp. shares last traded at $32.45, with a volume of 28,041 shares changing hands.

Several brokerages recently issued reports on NATL. Zacks Investment Research upgraded shares of National Interstate Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Raymond James Financial Inc. downgraded shares of National Interstate Corp. from a “market perform” rating to an “underperform” rating in a research note on Friday, April 15th.

The company has a market capitalization of $646.17 million and a PE ratio of 31.49. The stock has a 50 day moving average of $30.76 and a 200 day moving average of $28.70.

National Interstate Corp. (NASDAQ:NATL) last announced its earnings results on Monday, May 2nd. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by $0.01. Analysts anticipate that National Interstate Corp. will post $1.60 EPS for the current fiscal year.

An institutional investor recently raised its position in National Interstate Corp. stock. Dimensional Fund Advisors LP raised its position in shares of National Interstate Corp. (NASDAQ:NATL) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 695,785 shares of the company’s stock after buying an additional 10,757 shares during the period. Dimensional Fund Advisors LP owned 3.50% of National Interstate Corp. worth $18,578,000 as of its most recent filing with the SEC.

National Interstate Corporation and its subsidiaries operate as an insurance holding company that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.