Ryder System, Inc. (NYSE:R) Shares Purchased by Barclays PLC

Barclays PLC lifted its position in Ryder System, Inc. (NYSE:R - Free Report) by 13.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,780 shares of the transportation company's stock after buying an additional 3,344 shares during the period. Barclays PLC owned approximately 0.07% of Ryder System worth $4,196,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Wolff Wiese Magana LLC purchased a new stake in Ryder System in the third quarter valued at about $28,000. Altshuler Shaham Ltd purchased a new position in shares of Ryder System in the 2nd quarter valued at approximately $29,000. UMB Bank n.a. boosted its stake in Ryder System by 43.2% in the 3rd quarter. UMB Bank n.a. now owns 265 shares of the transportation company's stock worth $39,000 after purchasing an additional 80 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Ryder System during the 2nd quarter worth approximately $51,000. Finally, GAMMA Investing LLC increased its stake in Ryder System by 20.2% during the 3rd quarter. GAMMA Investing LLC now owns 708 shares of the transportation company's stock valued at $103,000 after purchasing an additional 119 shares in the last quarter. Institutional investors own 87.47% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on R. JPMorgan Chase & Co. reduced their price objective on Ryder System from $148.00 to $144.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. The Goldman Sachs Group lifted their price objective 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. Finally, StockNews.com lowered shares of Ryder System from a "buy" rating to a "hold" rating in a research note on Tuesday, October 29th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $147.43.

Ryder System Price Performance

Shares of NYSE R remained flat at $155.66 during trading on Friday. 1,240,513 shares of the stock traded hands, compared to its average volume of 268,275. Ryder System, Inc. has a 1-year low of $106.62 and a 1-year high of $171.78. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. The firm's fifty day simple moving average is $158.21 and its two-hundred day simple moving average is $142.27. The firm has a market capitalization of $6.58 billion, a price-to-earnings ratio of 14.56 and a beta of 1.30.

Ryder System (NYSE:R - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The transportation company reported $3.44 earnings per share for the quarter, topping the consensus estimate of $3.39 by $0.05. The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a net margin of 3.83% and a return on equity of 16.78%. The company's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the firm posted $3.58 earnings per share. On average, analysts anticipate that Ryder System, Inc. will post 12.01 earnings per share for the current year.

Ryder System Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, November 18th were given a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Monday, November 18th. Ryder System's payout ratio is presently 30.31%.

Insider Activity at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 4,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $157.44, for a total transaction of $629,760.00. Following the completion of the transaction, the insider now owns 20,504 shares of the company's stock, valued at $3,228,149.76. This trade represents a 16.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.10% of the stock is currently owned by insiders.

Ryder System Company 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.