Barclays PLC Has $6.29 Million Position in Ryder System, Inc. (NYSE:R)

Barclays PLC grew its holdings in Ryder System, Inc. (NYSE:R - Free Report) by 39.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,105 shares of the transportation company's stock after purchasing an additional 11,325 shares during the period. Barclays PLC owned about 0.09% of Ryder System worth $6,292,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. James Investment Research Inc. grew its stake in shares of Ryder System by 32.0% in the 4th quarter. James Investment Research Inc. now owns 12,374 shares of the transportation company's stock valued at $1,941,000 after buying an additional 2,999 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Ryder System by 14.3% in the 3rd quarter. Franklin Resources Inc. now owns 136,781 shares of the transportation company's stock valued at $20,724,000 after buying an additional 17,074 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in Ryder System during the fourth quarter worth approximately $12,242,000. JPMorgan Chase & Co. boosted its position in Ryder System by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 145,353 shares of the transportation company's stock worth $21,192,000 after purchasing an additional 10,446 shares during the period. Finally, Nordea Investment Management AB boosted its position in Ryder System by 2.7% during the fourth quarter. Nordea Investment Management AB now owns 74,094 shares of the transportation company's stock worth $11,671,000 after purchasing an additional 1,964 shares during the period. Institutional investors and hedge funds own 87.47% of the company's stock.

Ryder System Stock Performance

Shares of R traded down $0.37 during mid-day trading on Wednesday, hitting $137.45. The company's stock had a trading volume of 580,312 shares, compared to its average volume of 308,463. Ryder System, Inc. has a one year low of $116.58 and a one year high of $171.78. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $5.68 billion, a PE ratio of 12.39 and a beta of 1.10. The stock's 50-day moving average is $143.69 and its two-hundred day moving average is $153.99.

Ryder System (NYSE:R - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.06. The company had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $3.17 billion. Ryder System had a return on equity of 17.23% and a net margin of 3.87%. Ryder System's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.14 earnings per share. As a group, sell-side analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, February 18th were paid a $0.81 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.36%. Ryder System's payout ratio is 28.25%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. StockNews.com cut Ryder System from a "buy" rating to a "hold" rating in a research report on Wednesday, March 26th. JPMorgan Chase & Co. decreased their target price on Ryder System from $174.00 to $165.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Finally, Stephens decreased their target price on Ryder System from $168.00 to $150.00 and set an "equal weight" rating for the company in a research report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $160.50.

Ryder System 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.