Bailard Inc. Has $809,000 Holdings in Ryder System, Inc. (NYSE:R)

Bailard Inc. lifted its holdings in shares of Ryder System, Inc. (NYSE:R) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,160 shares of the transportation company’s stock after buying an additional 160 shares during the quarter. Bailard Inc.’s holdings in Ryder System were worth $809,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of R. State of Alaska Department of Revenue boosted its holdings in Ryder System by 5.0% during the third quarter. State of Alaska Department of Revenue now owns 5,028 shares of the transportation company’s stock worth $733,000 after buying an additional 240 shares during the last quarter. US Bancorp DE raised its position in shares of Ryder System by 40.6% in the 3rd quarter. US Bancorp DE now owns 5,719 shares of the transportation company’s stock valued at $834,000 after acquiring an additional 1,652 shares during the period. Janney Montgomery Scott LLC boosted its stake in Ryder System by 83.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,260 shares of the transportation company’s stock worth $1,350,000 after acquiring an additional 4,200 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Ryder System by 6.1% during the 3rd quarter. QRG Capital Management Inc. now owns 18,360 shares of the transportation company’s stock worth $2,677,000 after acquiring an additional 1,063 shares during the last quarter. Finally, AIA Group Ltd grew its holdings in Ryder System by 37.5% during the third quarter. AIA Group Ltd now owns 3,888 shares of the transportation company’s stock valued at $567,000 after purchasing an additional 1,060 shares during the period. 87.47% of the stock is owned by institutional investors.

Ryder System Stock Down 3.6 %

R stock opened at $158.63 on Tuesday. 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 stock has a market capitalization of $6.68 billion, a P/E ratio of 14.30 and a beta of 1.29. Ryder System, Inc. has a fifty-two week low of $106.88 and a fifty-two week high of $171.78. The business has a 50-day moving average of $160.81 and a 200-day moving average of $154.39.

Ryder System (NYSE:R) last announced its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.45 earnings per share 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%. On average, sell-side analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, February 18th will be issued a $0.81 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $3.24 annualized dividend and a dividend yield of 2.04%. Ryder System’s dividend payout ratio is currently 29.22%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. StockNews.com cut shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their target price on Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a report on Thursday, February 13th. Finally, The Goldman Sachs Group raised their price target on Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and an average price target 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.