Keybank National Association OH Sells 545 Shares of Ryder System, Inc. (NYSE:R)

Keybank National Association OH trimmed its holdings in shares of Ryder System, Inc. (NYSE:R) by 27.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,463 shares of the transportation company’s stock after selling 545 shares during the quarter. Keybank National Association OH’s holdings in Ryder System were worth $229,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC lifted its holdings 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 in the last quarter. Savant Capital LLC lifted its holdings in shares of Ryder System by 3.6% in the fourth quarter. Savant Capital LLC now owns 2,438 shares of the transportation company’s stock worth $382,000 after buying an additional 84 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Ryder System by 36.5% in the fourth quarter. Principal Securities Inc. now owns 344 shares of the transportation company’s stock worth $54,000 after buying an additional 92 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Ryder System by 4.7% in the third quarter. MML Investors Services LLC now owns 2,078 shares of the transportation company’s stock worth $303,000 after buying an additional 94 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in Ryder System by 36.6% during the fourth 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 in the last quarter. 87.47% of the stock is currently owned by institutional investors.

Ryder System Trading Down 0.5 %

R stock opened at $146.94 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Ryder System, Inc. has a twelve month low of $106.88 and a twelve month high of $171.78. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 13.25 and a beta of 1.23. The firm’s fifty day simple moving average is $160.02 and its two-hundred day simple moving average is $154.94.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.39 by $0.06. Ryder System had a net margin of 3.87% and a return on equity of 17.23%. As a group, analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Ryder System’s dividend payout ratio (DPR) is 29.22%.

Wall Street Analysts Forecast Growth

R has been the topic of a number of recent research reports. The Goldman Sachs Group upped their price target on shares of Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. StockNews.com downgraded shares of Ryder System from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a research note on Thursday, February 13th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.

Ryder System Profile

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.