Fuller & Thaler Asset Management Inc. Trims Holdings in Ryder System, Inc. (NYSE:R)

Fuller & Thaler Asset Management Inc. trimmed its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 709,607 shares of the transportation company's stock after selling 7,258 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 1.68% of Ryder System worth $111,309,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Keystone Financial Group Inc. acquired a new stake in shares of Ryder System in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. acquired a new position in Ryder System in the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB bought a new position in Ryder System during the third quarter worth about $34,000. R Squared Ltd acquired a new stake in shares of Ryder System in the fourth quarter valued at approximately $45,000. Finally, Principal Securities Inc. lifted its position in shares of Ryder System by 36.5% during the 4th 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. 87.47% of the stock is currently owned by institutional investors.

Ryder System Stock Performance

Shares of Ryder System stock traded down $0.65 during trading on Monday, hitting $136.58. 94,973 shares of the company's stock traded hands, compared to its average volume of 306,966. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50-day simple moving average of $145.40 and a 200-day simple moving average of $154.30. Ryder System, Inc. has a 1 year low of $116.58 and a 1 year high of $171.78. The stock has a market capitalization of $5.70 billion, a P/E ratio of 12.28 and a beta of 1.10.

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

Ryder System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th were paid a $0.81 dividend. This represents a $3.24 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend was Tuesday, February 18th. Ryder System's dividend payout ratio (DPR) is presently 28.25%.

Wall Street Analysts Forecast Growth

R has been the topic of several recent research reports. StockNews.com downgraded shares of Ryder System from a "buy" rating to a "hold" rating in a research report on Wednesday, March 26th. Stephens lowered their target price on Ryder System from $168.00 to $150.00 and set an "equal weight" rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Ryder System from $174.00 to $165.00 and set a "neutral" rating for the company in a research report on Thursday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $160.50.

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.