Ryder System, Inc. (NYSE:R) Holdings Lifted by Blue Trust Inc.

Blue Trust Inc. increased its holdings in Ryder System, Inc. (NYSE:R) by 17.3% in the 4th quarter, Holdings Channel reports. The fund owned 5,952 shares of the transportation company’s stock after purchasing an additional 877 shares during the period. Blue Trust Inc.’s holdings in Ryder System were worth $868,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of R. Wolff Wiese Magana LLC acquired a new stake in shares of Ryder System during the 3rd quarter valued at about $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of Ryder System during the 3rd quarter valued at $34,000. UMB Bank n.a. lifted its stake in shares of Ryder System by 43.2% in the 3rd quarter. UMB Bank n.a. now owns 265 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 80 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Ryder System in the fourth quarter worth $96,000. Finally, GAMMA Investing LLC increased its position in Ryder System by 20.2% during the third quarter. GAMMA Investing LLC now owns 708 shares of the transportation company’s stock worth $103,000 after buying an additional 119 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Trading Up 0.1 %

Ryder System stock opened at $160.95 on Thursday. The business has a 50 day moving average price of $162.03 and a two-hundred day moving average price of $149.78. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. Ryder System, Inc. has a 12 month low of $106.62 and a 12 month high of $171.78. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 15.06 and a beta of 1.31.

Insider Activity

In other news, insider Thomas M. Havens sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $157.44, for a total value of $629,760.00. Following the completion of the transaction, the insider now directly owns 20,504 shares of the company’s stock, valued at approximately $3,228,149.76. This represents a 16.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on R. StockNews.com lowered Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. The Goldman Sachs Group raised their price target on Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. cut their price objective on Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Ryder System has an average rating of “Moderate Buy” and a consensus target price of $147.43.

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.