Linden Thomas Advisory Services LLC Invests $208,000 in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI)

Linden Thomas Advisory Services LLC purchased a new position in shares of P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,029 shares of the transportation company’s stock, valued at approximately $208,000.

Separately, Pacific Ridge Capital Partners LLC lifted its holdings in shares of P.A.M. Transportation Services by 8.5% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 129,326 shares of the transportation company’s stock worth $2,787,000 after acquiring an additional 10,096 shares during the period. 22.06% of the stock is currently owned by institutional investors and hedge funds.

P.A.M. Transportation Services Price Performance

PTSI stock opened at $16.84 on Friday. The company has a 50 day simple moving average of $16.25 and a 200 day simple moving average of $18.49. The stock has a market cap of $370.99 million, a price-to-earnings ratio of 27.61 and a beta of 1.10. P.A.M. Transportation Services, Inc. has a 1 year low of $13.51 and a 1 year high of $28.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.83 and a quick ratio of 1.81.

P.A.M. Transportation Services (NASDAQ:PTSI) last announced its quarterly earnings results on Thursday, February 1st. The transportation company reported ($0.10) earnings per share (EPS) for the quarter. P.A.M. Transportation Services had a net margin of 1.75% and a return on equity of 4.29%. The business had revenue of $180.17 million during the quarter.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PTSI. Stephens lowered their price objective on shares of P.A.M. Transportation Services from $19.00 to $17.00 and set an “equal weight” rating for the company in a research report on Friday, April 19th. TheStreet cut shares of P.A.M. Transportation Services from a “b-” rating to a “c+” rating in a research report on Thursday, February 1st. Finally, StockNews.com upgraded shares of P.A.M. Transportation Services from a “hold” rating to a “buy” rating in a research report on Saturday, February 24th.

About P.A.M. Transportation Services

P.A.M. Transportation Services, Inc, through its subsidiaries, operates as a truckload transportation and logistics company in the United States, Mexico, and Canada. The company operates a truckload dry van carrier that transports general commodities, such as automotive parts; expedited goods; consumer goods, such as general retail store merchandise; and manufactured goods, including heating and air conditioning units.