Total Wealth Planning & Management Inc. Buys New Shares in Ryder System, Inc. (NYSE:R)

Total Wealth Planning & Management Inc. bought a new position in Ryder System, Inc. (NYSE:R - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,461 shares of the transportation company's stock, valued at approximately $386,000.

A number of other institutional investors have also bought and sold shares of R. Keystone Financial Group Inc. purchased a new stake in shares of Ryder System during the 4th quarter worth $26,000. SBI Securities Co. Ltd. acquired a new position in Ryder System in the fourth quarter valued at $26,000. R Squared Ltd acquired a new position in Ryder System in the fourth quarter valued at $45,000. Principal Securities Inc. increased 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 purchasing an additional 92 shares during the period. Finally, Kapitalo Investimentos Ltda acquired a new position in Ryder System in the fourth quarter valued at $59,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ryder System news, CEO Robert E. Sanchez sold 18,496 shares of the business's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $155.73, for a total value of $2,880,382.08. Following the sale, the chief executive officer now owns 40,824 shares of the company's stock, valued at $6,357,521.52. The trade was a 31.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director E Follin Smith sold 1,243 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $144.38, for a total transaction of $179,464.34. Following the completion of the sale, the director now directly owns 39,802 shares in the company, valued at $5,746,612.76. This trade represents a 3.03% decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by insiders.

Ryder System Trading Up 0.2%

Shares of Ryder System stock traded up $0.30 during trading on Thursday, hitting $150.44. The stock had a trading volume of 256,275 shares, compared to its average volume of 320,127. The stock has a 50 day simple moving average of $143.88 and a 200 day simple moving average of $154.15. The company has a market capitalization of $6.22 billion, a PE ratio of 13.57 and a beta of 0.94. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Ryder System, Inc. has a 1 year low of $116.58 and a 1 year high of $171.78.

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

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, May 19th will be given a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Monday, May 19th. Ryder System's dividend payout ratio (DPR) is currently 28.25%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on R shares. Stephens dropped their price target on shares of Ryder System from $168.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Friday, April 25th. JPMorgan Chase & Co. dropped their price target on shares of Ryder System from $174.00 to $165.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Finally, Wall Street Zen lowered shares of Ryder System from a "buy" rating to a "hold" rating in a research note on Wednesday, March 26th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Ryder System currently has a consensus rating of "Moderate Buy" and a consensus price target of $160.50.

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.