Jackson Creek Investment Advisors LLC Has $393,000 Stake in Ryder System, Inc. (NYSE:R)

Jackson Creek Investment Advisors LLC cut its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 60.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,505 shares of the transportation company's stock after selling 3,869 shares during the period. Jackson Creek Investment Advisors LLC's holdings in Ryder System were worth $393,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Keystone Financial Group Inc. acquired a new stake in Ryder System in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. bought a new position in Ryder System during the 4th quarter worth $26,000. Wilmington Savings Fund Society FSB acquired a new position in Ryder System in the 3rd quarter valued at $34,000. R Squared Ltd bought a new stake in Ryder System during the fourth quarter worth about $45,000. Finally, Principal Securities Inc. grew its stake in Ryder System by 36.5% during 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. Institutional investors own 87.47% of the company's stock.

Ryder System Trading Down 1.6 %

NYSE R traded down $2.28 during trading hours on Wednesday, reaching $144.53. The company's stock had a trading volume of 432,351 shares, compared to its average volume of 366,253. The firm has a fifty day simple moving average of $160.02 and a 200-day simple moving average of $154.94. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Ryder System, Inc. has a 52 week low of $106.88 and a 52 week high of $171.78. The stock has a market cap of $6.08 billion, a P/E ratio of 13.03 and a beta of 1.23.

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

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th will be given a $0.81 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.24%. Ryder System's dividend payout ratio (DPR) is presently 29.22%.

Analysts Set New Price Targets

Several research firms recently issued reports on R. The Goldman Sachs Group increased their price target on shares of Ryder System from $160.00 to $183.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. lowered their price target on Ryder System from $176.00 to $174.00 and set a "neutral" rating for the company in a report on Thursday, February 13th. Finally, StockNews.com cut Ryder System from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.