Geode Capital Management LLC raised its stake in shares of Radiant Logistics, Inc. (NYSEAMERICAN:RLGT - Free Report) by 15.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 896,878 shares of the company's stock after purchasing an additional 123,198 shares during the period. Geode Capital Management LLC owned 1.91% of Radiant Logistics worth $5,768,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in Radiant Logistics during the 3rd quarter valued at approximately $79,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Radiant Logistics by 27.8% during the second quarter. The Manufacturers Life Insurance Company now owns 16,255 shares of the company's stock worth $92,000 after buying an additional 3,533 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Radiant Logistics in the second quarter valued at approximately $145,000. Seizert Capital Partners LLC grew its stake in shares of Radiant Logistics by 30.2% in the third quarter. Seizert Capital Partners LLC now owns 58,408 shares of the company's stock worth $376,000 after acquiring an additional 13,540 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in Radiant Logistics by 2.6% during the second quarter. Hsbc Holdings PLC now owns 68,131 shares of the company's stock worth $384,000 after acquiring an additional 1,722 shares during the period. Institutional investors own 53.59% of the company's stock.
Radiant Logistics Stock Up 1.8 %
Radiant Logistics stock traded up $0.12 during trading hours on Friday, hitting $6.72. The stock had a trading volume of 55,593 shares, compared to its average volume of 60,146. Radiant Logistics, Inc. has a fifty-two week low of $4.83 and a fifty-two week high of $7.78. The stock has a market cap of $315.30 million, a price-to-earnings ratio of 39.53 and a beta of 0.86.
Radiant Logistics (NYSEAMERICAN:RLGT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Radiant Logistics had a net margin of 1.06% and a return on equity of 11.48%. The company had revenue of $203.57 million during the quarter.
About Radiant Logistics
(
Free Report)
Radiant Logistics, Inc, a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.
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