2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. lowered its position in Ryder System, Inc. ( NYSE:R – Free Report ) by 1.
1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 77,859 shares of the transportation company’s stock after selling 855 shares during the period.
Envestnet Asset Management Inc.’s holdings in Ryder System were worth $12,213,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors also recently bought and sold shares of R.
Sanctuary Advisors LLC boosted its stake in shares of Ryder System by 0.9% in the fourth quarter. Sanctuary Advisors LLC now owns 7,894 shares of the transportation company’s stock worth $1,282,000 after buying an additional 68 shares during the last quarter.
Savant Capital LLC boosted its position in Ryder System by 3.6% in the 4th quarter. Savant Capital LLC now owns 2,438 shares of the transportation company’s stock worth $382,000 after purchasing an additional 84 shares in the last quarter.
Principal Securities Inc. grew its stake in shares of Ryder System by 36.5% during the 4th quarter.
Principal Securities Inc. now owns 344 shares of the transportation company’s stock worth $54,000 after purchasing an additional 92 shares during the period. MML Investors Services LLC increased its holdings in shares of Ryder System by 4.
7% during the 3rd quarter. MML Investors Services LLC now owns 2,078 shares of the transportation company’s stock valued at $303,000 after purchasing an additional 94 shares in the last quarter. Finally, UMB Bank n.
a. lifted its stake in shares of Ryder System by 36.6% in the 4th quarter.
UMB Bank n.a. now owns 362 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 97 shares during the period.
Institutional investors and hedge funds own 87.47% of the company’s stock. Analyst Ratings Changes R has been the topic of several analyst reports.
StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th. JPMorgan Chase & Co.
dropped their target price on Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a research report on Thursday, February 13th.
Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $157.
00. Ryder System Trading Up 0.3 % Shares of Ryder System stock opened at $138.
55 on Friday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.
75 and a quick ratio of 0.75. The stock’s 50 day simple moving average is $148.
66 and its 200-day simple moving average is $154.50. The stock has a market cap of $5.
78 billion, a P/E ratio of 12.49 and a beta of 1.10.
Ryder System, Inc. has a 1-year low of $106.88 and a 1-year high of $171.
78. Ryder System ( NYSE:R – Get Free Report ) last released its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.
45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.39 by $0.06.
Ryder System had a return on equity of 17.23% and a net margin of 3.87%.
Analysts predict that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.
Ryder System Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, February 18th were given a dividend of $0.81 per share.
This represents a $3.24 annualized dividend and a yield of 2.34%.
The ex-dividend date was Tuesday, February 18th. Ryder System’s payout ratio is currently 29.22%.
Ryder System Profile ( Free Report ) Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.
ryder.com/used-trucks website, as well as digital and technology support services. Featured Stories Want to see what other hedge funds are holding R? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ryder System, Inc. ( NYSE:R – Free Report ). Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.
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