Landstar System Stock News

Virginia Retirement Systems ET AL grew its holdings in shares of Landstar System, Inc. (NASDAQ:LSTR) by 9.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,100 shares of the transportation companys stock after acquiring an additional 800 shares during the []

Landstar System, Inc. (NASDAQ:LSTR) has received a consensus rating of Hold from the seventeen brokerages that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the company. The average twelve-month price target among brokerages that have covered the stock []

After bolstering its share buyback program, Landstar (LSTR) is authorized to purchase 3,000,000 shares.

Exchange Traded Concepts LLC reduced its stake in Landstar System, Inc. (NASDAQ:LSTR) by 91.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 310 shares of the transportation companys stock after selling 3,370 shares during the period. Exchange Traded Concepts LLCs holdings in Landstar []

JACKSONVILLE, Fla., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ-LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 7, 2021, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization to purchase 1,912,824 shares of Landstar System common stock in addition to the 1,087,176 shares remaining under the prior purchase authorization.

Pacer Advisors Inc. trimmed its position in Landstar System, Inc. (NASDAQ:LSTR) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,946 shares of the transportation companys stock after selling 96 shares during the period. Pacer Advisors Inc.s holdings in Landstar System []

Raymond James Trust N.A. lessened its holdings in Landstar System, Inc. (NASDAQ:LSTR) by 54.3% during the third quarter, HoldingsChannel.com reports. The fund owned 1,537 shares of the transportation companys stock after selling 1,829 shares during the period. Raymond James Trust N.A.s holdings in Landstar System were worth $243,000 at the end of the most recent []

Donald L. Hagan LLC bought a new stake in Landstar System, Inc. (NASDAQ:LSTR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,152 shares of the transportation companys stock, valued at approximately $655,000. Several other institutional investors have also []

Landstar System, Inc. (NASDAQ:LSTR) Investment analysts at Oppenheimer lifted their FY2021 earnings estimates for shares of Landstar System in a research note issued to investors on Wednesday, December 1st. Oppenheimer analyst S. Schneeberger now anticipates that the transportation company will earn $9.87 per share for the year, up from their prior forecast of $9.60. []

Equities research analysts expect that Landstar System, Inc. (NASDAQ:LSTR) will report $1.74 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Landstar System’s earnings, with the highest sales estimate coming in at $1.77 billion and the lowest estimate coming in at $1.73 billion. Landstar System […]

Symmetry Partners LLC trimmed its stake in Landstar System, Inc. (NASDAQ:LSTR) by 5.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,347 shares of the transportation companys stock after selling 207 shares during the period. Symmetry Partners LLCs holdings in Landstar System []

Landstar's (LSTR) management is expected to raise fourth-quarter earnings & revenue view at the Stephens 2021 Annual Investment Conference due to improved truck load volume trends.