San Francisco Sentry Investment Group CA Grows Stock Holdings in Ryder System, Inc. (NYSE:R)

Share on StockTwits

San Francisco Sentry Investment Group CA raised its position in shares of Ryder System, Inc. (NYSE:R) by 174.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 890 shares of the transportation company’s stock after buying an additional 566 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in Ryder System were worth $52,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in R. Sawtooth Solutions LLC purchased a new position in shares of Ryder System during the 2nd quarter worth $225,000. Alps Advisors Inc. raised its holdings in Ryder System by 6.4% in the 2nd quarter. Alps Advisors Inc. now owns 15,114 shares of the transportation company’s stock valued at $881,000 after buying an additional 914 shares during the period. Menta Capital LLC purchased a new stake in Ryder System in the 2nd quarter valued at about $933,000. Wells Fargo & Company MN raised its holdings in Ryder System by 8.4% in the 2nd quarter. Wells Fargo & Company MN now owns 213,400 shares of the transportation company’s stock valued at $12,441,000 after buying an additional 16,517 shares during the period. Finally, Personal Resources Investment & Strategic Management Inc. raised its holdings in Ryder System by 3.1% in the 2nd quarter. Personal Resources Investment & Strategic Management Inc. now owns 40,875 shares of the transportation company’s stock valued at $2,383,000 after buying an additional 1,233 shares during the period. 87.71% of the stock is owned by hedge funds and other institutional investors.

R stock traded up $0.29 on Friday, reaching $48.17. 685,071 shares of the company’s stock were exchanged, compared to its average volume of 456,198. The stock has a fifty day moving average of $52.01 and a 200-day moving average of $57.87. Ryder System, Inc. has a twelve month low of $44.80 and a twelve month high of $79.95. The firm has a market cap of $2.55 billion, a PE ratio of 8.32 and a beta of 1.81. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 2.54.

Ryder System (NYSE:R) last announced its quarterly earnings data on Tuesday, July 30th. The transportation company reported $1.40 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.40. Ryder System had a return on equity of 11.46% and a net margin of 3.60%. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the company posted $1.42 earnings per share. Ryder System’s quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts predict that Ryder System, Inc. will post 5.64 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, August 16th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date of this dividend is Friday, August 16th. This is a positive change from Ryder System’s previous quarterly dividend of $0.54. Ryder System’s dividend payout ratio is currently 38.69%.

R has been the subject of several research reports. ValuEngine downgraded Ryder System from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 31st. KeyCorp dropped their target price on Ryder System from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, July 18th. Loop Capital downgraded Ryder System from a “buy” rating to a “hold” rating and dropped their target price for the company from $70.00 to $62.00 in a research report on Tuesday, July 2nd. SunTrust Banks lowered their price objective on Ryder System to $65.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Finally, TheStreet downgraded Ryder System from a “b-” rating to a “c+” rating in a research report on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $71.57.

In other Ryder System news, Director Luis P. Nieto, Jr. sold 2,293 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $46.67, for a total value of $107,014.31. Following the sale, the director now owns 23,757 shares of the company’s stock, valued at $1,108,739.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.80% of the company’s stock.

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.

Recommended Story: Systematic Risk

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

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.com's FREE daily email newsletter.



Latest News

Northland Securities Reiterates Hold Rating for Green Dot
Northland Securities Reiterates Hold Rating for Green Dot
Mastercard  Earns “Outperform” Rating from William Blair
Mastercard Earns “Outperform” Rating from William Blair
Huntington Bancshares  Rating Lowered to Neutral at DA Davidson
Huntington Bancshares Rating Lowered to Neutral at DA Davidson
Raymond James Upgrades M.D.C.  to “Strong-Buy”
Raymond James Upgrades M.D.C. to “Strong-Buy”
Federal Realty Investment Trust  Raised to Buy at Mizuho
Federal Realty Investment Trust Raised to Buy at Mizuho
Shiloh Industries  Lifted to “Neutral” at Bank of America
Shiloh Industries Lifted to “Neutral” at Bank of America


© 2006-2019 Ticker Report