Schroder Investment Management Group Has $413,000 Holdings in Ryder System, Inc. (NYSE:R)

Schroder Investment Management Group reduced its position in Ryder System, Inc. (NYSE:R - Free Report) by 68.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,642 shares of the transportation company's stock after selling 5,798 shares during the period. Schroder Investment Management Group's holdings in Ryder System were worth $413,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Keystone Financial Group Inc. acquired a new position in Ryder System during the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Ryder System during the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Ryder System during the third quarter valued at about $34,000. R Squared Ltd purchased a new stake in shares of Ryder System during the fourth quarter worth about $45,000. Finally, Principal Securities Inc. lifted its stake in shares of Ryder System by 36.5% in the fourth quarter. Principal Securities Inc. now owns 344 shares of the transportation company's stock worth $54,000 after acquiring an additional 92 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Price Performance

R stock traded up $0.40 during trading hours on Friday, hitting $139.04. 379,093 shares of the stock traded hands, compared to its average volume of 304,255. The stock has a 50-day simple moving average of $150.10 and a 200 day simple moving average of $154.73. The company has a market cap of $5.80 billion, a P/E ratio of 12.54 and a beta of 1.10. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Ryder System, Inc. has a one year low of $106.88 and a one year high of $171.78.

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Ryder System (NYSE:R - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.45 earnings per share (EPS) for the quarter, topping 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%. Equities analysts forecast that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th were issued a $0.81 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.33%. Ryder System's dividend payout ratio is 29.22%.

Wall Street Analyst Weigh In

R has been the subject of a number of research analyst reports. StockNews.com downgraded Ryder System from a "buy" rating to a "hold" rating in a report on Wednesday, March 26th. JPMorgan Chase & Co. dropped their target price on shares of Ryder System from $176.00 to $174.00 and set a "neutral" rating on the stock in a report on Thursday, February 13th. Three 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 company currently has a consensus rating of "Moderate Buy" and an average target price of $157.00.

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.