V Square Quantitative Management LLC has increased its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 63.8% during the 4th quarter, as disclosed in its recent filing with the Securities and Exchange Commission (SEC). The institutional investor now owns 1,697 shares of the transportation company’s stock, representing a value of $98,000.

Alongside V Square Quantitative Management LLC, other institutional investors have also adjusted their holdings in Knight-Swift Transportation. Vanguard Group Inc. saw a 0.4% increase in its position, now owning 14,964,291 shares worth $750,459,000. Wellington Management Group LLP increased its position by 15.2% to 13,578,508 shares valued at $680,962,000. Victory Capital Management Inc. significantly raised its position by 908.9% to 4,181,899 shares worth $241,086,000. Norges Bank entered the scene with a new position of shares worth $201,232,000. Allspring Global Investments Holdings LLC also grew its position by 5.8% to 3,060,156 shares valued at $176,418,000.

Currently, 88.77% of Knight-Swift Transportation’s stock is owned by hedge funds and other institutional investors.

Analysts have set new price targets for Knight-Swift Transportation. Stephens lowered the price target from $65.00 to $60.00, maintaining an ‘overweight’ rating. Evercore ISI also adjusted their price target from $60.00 to $55.00, with an ‘in-line’ rating on the stock.