Ryder System, Inc. (NYSE:R) Stock Position Decreased by Schroder Investment Management Group

Schroder Investment Management Group decreased its position in Ryder System, Inc. (NYSE:R) by 68.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,642 shares of the transportation company’s stock after selling 5,798 shares during the quarter. Schroder Investment Management Group’s holdings in Ryder System were worth $413,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC raised its holdings in Ryder System by 0.9% during the fourth quarter. Sanctuary Advisors LLC now owns 7,894 shares of the transportation company’s stock valued at $1,282,000 after buying an additional 68 shares in the last quarter. Savant Capital LLC raised its stake in shares of Ryder System by 3.6% in the 4th quarter. Savant Capital LLC now owns 2,438 shares of the transportation company’s stock valued at $382,000 after acquiring an additional 84 shares in the last quarter. Principal Securities Inc. lifted its holdings in Ryder System by 36.5% in 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 last quarter. MML Investors Services LLC boosted its position in Ryder System by 4.7% during the third quarter. MML Investors Services LLC now owns 2,078 shares of the transportation company’s stock worth $303,000 after purchasing an additional 94 shares during the period. Finally, UMB Bank n.a. grew its holdings 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 during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Down 1.6 %

Shares of R opened at $131.65 on Tuesday. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The company has a 50-day simple moving average of $152.75 and a 200-day simple moving average of $155.25. Ryder System, Inc. has a 52 week low of $106.88 and a 52 week high of $171.78. The firm has a market capitalization of $5.50 billion, a P/E ratio of 11.87 and a beta of 1.10.

Ryder System (NYSE:R) last posted its quarterly earnings results on Wednesday, February 12th. The transportation company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.39 by $0.06. Ryder System had a return on equity of 17.23% and a net margin of 3.87%. On average, equities research analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th were issued a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 2.46%. The ex-dividend date was Tuesday, February 18th. Ryder System’s dividend payout ratio (DPR) is presently 29.22%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on R. JPMorgan Chase & Co. decreased their price objective on shares of Ryder System from $176.00 to $174.00 and set a “neutral” rating for the company in a report on Thursday, February 13th. 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 report on Thursday, December 12th. Finally, StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $157.00.

About Ryder System

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.