Dimensional Fund Advisors LP Increases Position in Hennessy Capital Acquisition Corp (BLBD)

Dimensional Fund Advisors LP raised its position in Hennessy Capital Acquisition Corp (NASDAQ:BLBD) by 7.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,631 shares of the company’s stock after purchasing an additional 3,747 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Hennessy Capital Acquisition were worth $1,105,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BLBD. Schwab Charles Investment Management Inc. acquired a new position in Hennessy Capital Acquisition in the 2nd quarter valued at about $367,000. Bank of New York Mellon Corp boosted its holdings in Hennessy Capital Acquisition by 12.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 47,565 shares of the company’s stock valued at $809,000 after purchasing an additional 5,187 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Hennessy Capital Acquisition by 94.7% in the 2nd quarter. Wells Fargo & Company MN now owns 66,254 shares of the company’s stock valued at $1,126,000 after purchasing an additional 32,228 shares during the last quarter. Teachers Advisors LLC boosted its holdings in Hennessy Capital Acquisition by 76.5% in the 2nd quarter. Teachers Advisors LLC now owns 12,958 shares of the company’s stock valued at $220,000 after purchasing an additional 5,616 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in Hennessy Capital Acquisition by 24.2% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 18,208 shares of the company’s stock valued at $310,000 after purchasing an additional 3,549 shares during the last quarter. Institutional investors own 95.21% of the company’s stock.

Hennessy Capital Acquisition Corp (BLBD) opened at $23.10 on Friday. The company has a quick ratio of 0.61, a current ratio of 1.11 and a debt-to-equity ratio of -1.34. Hennessy Capital Acquisition Corp has a fifty-two week low of $15.66 and a fifty-two week high of $23.25. The company has a market cap of $552.73, a P/E ratio of 20.35, a PEG ratio of 0.96 and a beta of 1.60.

Hennessy Capital Acquisition (NASDAQ:BLBD) last issued its quarterly earnings data on Wednesday, December 6th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.02). Hennessy Capital Acquisition had a negative return on equity of 32.04% and a net margin of 2.90%. research analysts anticipate that Hennessy Capital Acquisition Corp will post 1.59 earnings per share for the current year.

BLBD has been the topic of several recent analyst reports. ValuEngine upgraded shares of Hennessy Capital Acquisition from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BidaskClub upgraded shares of Hennessy Capital Acquisition from a “hold” rating to a “buy” rating in a report on Friday, December 29th. Roth Capital set a $26.00 target price on shares of Hennessy Capital Acquisition and gave the company a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus lowered shares of Hennessy Capital Acquisition from a “buy” rating to a “hold” rating and set a $23.00 target price on the stock. in a report on Friday. They noted that the move was a valuation call.

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Hennessy Capital Acquisition Profile

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and aftermarket parts in the United States, Canada, and internationally. It offers Type C, Type D, and specialty buses, as well as Sigma, a bus for public transportation. The company sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments.

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Institutional Ownership by Quarter for Hennessy Capital Acquisition (NASDAQ:BLBD)

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