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Royce & Associates LP expands its stake in Forward Air Co. (NASDAQ:FWRD)

Royce & Associates LP expands its stake in Forward Air Co. (NASDAQ:FWRD)

During the third quarter, Royce & Associates LP increased its holdings in Forward Air Company (NASDAQ: FWRD), as stated in the most recent filing that the company made with the Securities and Exchange Commission (SEC). During the time in question, the corporation increased its holdings in the transportation company by purchasing an additional 13,631 shares, bringing the total number of shares it currently possesses to 894,511 shares. Royce & Associates LP’s sixth-largest interest in the company is held by Forward Air, which makes up approximately 0.9% of the investment portfolio that Royce & Associates LP manages. Royce & Associates LP held approximately 3.33% of Forward Air’s total shares at the end of the most recent reporting period. The total value of those shares on the market was $80,739,000 at the end of the period.

Other significant investors in the company have recently made changes to the proportion of ownership that they hold in the company. CWM LLC increased its ownership stake in Forward Air by 73.5 percent during the second quarter by purchasing additional company shares. CWM LLC now has a total of 354 shares in the transportation company after purchasing an additional 150 shares during the relevant period. Each share of stock is currently valued at $33,000, and the total value of CWM LLC’s stock holdings is $33,000. During the second quarter, Quadrant Capital Group LLC increased the proportion of ownership in Forward Air, which it held by 88.2 percent. After purchasing an additional 179 shares of the transportation company’s stock during the period in question, Quadrant Capital Group LLC now owns a total of 382 shares of the stock, which has a value of $35,000. A financial investment of $45,000 was made in Forward Air by Lazard Asset Management LLC during the first three months of 2018. First Horizon Advisors Inc. brought its total ownership of Forward Air up to 5,675.0% during the second quarter, an increase from its previous level of ownership. First Horizon Advisors Inc. now has a total of 693 shares of the transportation company’s stock, which it acquired by purchasing an additional 681 shares. Based on the stock’s current price, First Horizon Advisors Inc.’s holdings are worth approximately $63,000. Finally, but certainly not least, during the period covered by the report for the second quarter, Steward Partner


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