James Investment Research Inc. Grows Position in Ryder System, Inc. (NYSE:R)

James Investment Research Inc. lifted its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 32.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,374 shares of the transportation company's stock after purchasing an additional 2,999 shares during the quarter. James Investment Research Inc.'s holdings in Ryder System were worth $1,941,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Keystone Financial Group Inc. bought a new position in Ryder System in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Ryder System during the third quarter worth approximately $34,000. R Squared Ltd acquired a new stake in Ryder System during the fourth quarter worth approximately $45,000. Principal Securities Inc. grew its stake in Ryder System by 36.5% in the fourth quarter. Principal Securities Inc. now owns 344 shares of the transportation company's stock valued at $54,000 after acquiring an additional 92 shares during the period. Finally, UMB Bank n.a. grew its stake in Ryder System by 36.6% in the fourth 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 period. 87.47% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. The Goldman Sachs Group lifted their target price on 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 upgraded Ryder System from a "hold" rating to a "buy" rating in a research note on Monday. Finally, JPMorgan Chase & Co. lowered their target price on Ryder System from $176.00 to $174.00 and set a "neutral" rating on the stock in a research note on Thursday, February 13th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $157.00.

Ryder System Price Performance

Shares of NYSE:R traded down $1.66 on Thursday, hitting $166.19. The company's stock had a trading volume of 364,742 shares, compared to its average volume of 361,495. The company has a 50-day simple moving average of $160.54 and a 200 day simple moving average of $152.74. Ryder System, Inc. has a 1 year low of $106.88 and a 1 year high of $171.78. The company has a market capitalization of $6.99 billion, a PE ratio of 14.99 and a beta of 1.29. 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 (NYSE:R - Get Free Report) last announced its quarterly earnings data 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%. Sell-side analysts forecast that Ryder System, Inc. will post 13.68 EPS 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. Investors of record on Tuesday, February 18th will be given a dividend of $0.81 per share. The ex-dividend date is Tuesday, February 18th. This represents a $3.24 annualized dividend and a yield of 1.95%. Ryder System's payout ratio is 29.22%.

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.