American Century Companies Inc. increased its position in Ryder System, Inc. (NYSE:R - Free Report) by 0.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 843,895 shares of the transportation company's stock after purchasing an additional 2,121 shares during the quarter. American Century Companies Inc. owned approximately 2.00% of Ryder System worth $132,373,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted its position in Ryder System by 0.9% in the 4th quarter. Sanctuary Advisors LLC now owns 7,894 shares of the transportation company's stock valued at $1,282,000 after acquiring an additional 68 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of Ryder System by 3.6% during the fourth quarter. Savant Capital LLC now owns 2,438 shares of the transportation company's stock valued at $382,000 after purchasing an additional 84 shares in the last quarter. Principal Securities Inc. increased 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 buying an additional 92 shares in the last quarter. MML Investors Services LLC raised its position in Ryder System by 4.7% in the 3rd 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 during the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Ryder System by 36.6% during the 4th quarter. UMB Bank n.a. now owns 362 shares of the transportation company's stock valued at $57,000 after acquiring an additional 97 shares during the last quarter. Institutional investors own 87.47% of the company's stock.
Analyst Upgrades and Downgrades
R has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their price objective on shares of Ryder System from $160.00 to $183.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. StockNews.com lowered Ryder System from a "buy" rating to a "hold" rating in a report on Wednesday. Finally, 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $157.00.
Read Our Latest Report on Ryder System
Ryder System Price Performance
R traded down $0.76 on Thursday, hitting $143.84. 252,108 shares of the company's stock traded hands, compared to its average volume of 281,079. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company's 50 day simple moving average is $156.46 and its 200-day simple moving average is $154.97. Ryder System, Inc. has a one year low of $106.88 and a one year high of $171.78. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 12.97 and a beta of 1.23.
Ryder System (NYSE:R - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The transportation company reported $3.45 earnings per share (EPS) 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%. As a group, research analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current year.
Ryder System Announces Dividend
The company 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 2.25%. The ex-dividend date of this dividend was Tuesday, February 18th. Ryder System's dividend payout ratio is currently 29.22%.
Ryder System Company 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 Articles
Before you consider Ryder System, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ryder System wasn't on the list.
While Ryder System currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
