Ryder System, Inc. (R) Position Increased by Mason Street Advisors LLC

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Mason Street Advisors LLC boosted its holdings in shares of Ryder System, Inc. (NYSE:R) by 1.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 28,246 shares of the transportation company’s stock after purchasing an additional 438 shares during the quarter. Mason Street Advisors LLC’s holdings in Ryder System were worth $1,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of R. Cadence Capital Management LLC bought a new position in Ryder System in the 1st quarter valued at $244,000. Raymond James & Associates boosted its position in Ryder System by 1,305.6% in the 1st quarter. Raymond James & Associates now owns 153,109 shares of the transportation company’s stock valued at $9,491,000 after buying an additional 142,216 shares during the last quarter. Personal Resources Investment & Strategic Management Inc. boosted its position in Ryder System by 4.7% in the 1st quarter. Personal Resources Investment & Strategic Management Inc. now owns 39,642 shares of the transportation company’s stock valued at $2,457,000 after buying an additional 1,788 shares during the last quarter. First Allied Advisory Services Inc. bought a new position in Ryder System in the 1st quarter valued at $281,000. Finally, Cambridge Financial Group Inc. boosted its position in Ryder System by 48.2% in the 1st quarter. Cambridge Financial Group Inc. now owns 98,582 shares of the transportation company’s stock valued at $6,111,000 after buying an additional 32,080 shares during the last quarter. 87.60% of the stock is owned by hedge funds and other institutional investors.

In related news, Director E Follin Smith sold 1,138 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $62.82, for a total transaction of $71,489.16. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 2.80% of the company’s stock.

A number of research analysts have commented on the company. Zacks Investment Research upgraded Ryder System from a “sell” rating to a “hold” rating in a research report on Tuesday, April 23rd. TheStreet upgraded Ryder System from a “c+” rating to a “b-” rating in a research report on Thursday, February 21st. Finally, ValuEngine upgraded Ryder System from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $76.89.

NYSE:R opened at $53.83 on Friday. Ryder System, Inc. has a 12-month low of $44.80 and a 12-month high of $79.95. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.54 and a current ratio of 0.57. The firm has a market capitalization of $2.87 billion, a PE ratio of 9.30 and a beta of 1.71.

Ryder System (NYSE:R) last issued its quarterly earnings data on Tuesday, April 30th. The transportation company reported $1.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.12. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.14 billion. Ryder System had a return on equity of 11.26% and a net margin of 3.28%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. Analysts forecast that Ryder System, Inc. will post 6.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Monday, May 20th will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 4.01%. The ex-dividend date is Friday, May 17th. Ryder System’s payout ratio is presently 37.31%.

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About Ryder System

Ryder System, Inc provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services.

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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).

Institutional Ownership by Quarter for Ryder System (NYSE:R)

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