609 Shares in Ryder System, Inc. (NYSE:R) Purchased by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. purchased a new stake in Ryder System, Inc. (NYSE:R) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 609 shares of the transportation company’s stock, valued at approximately $96,000.

Several other hedge funds have also recently bought and sold shares of the stock. Wolff Wiese Magana LLC bought a new stake in shares of Ryder System in the third quarter valued at about $28,000. Wilmington Savings Fund Society FSB acquired a new stake in Ryder System in the 3rd quarter worth about $34,000. Altshuler Shaham Ltd acquired a new stake in Ryder System in the 2nd quarter worth about $29,000. UMB Bank n.a. boosted its holdings in 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 period. Finally, GAMMA Investing LLC grew its position in shares of Ryder System by 20.2% during the 3rd quarter. GAMMA Investing LLC now owns 708 shares of the transportation company’s stock worth $103,000 after purchasing an additional 119 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Up 1.2 %

NYSE R opened at $165.48 on Friday. The business has a fifty day moving average price of $161.97 and a two-hundred day moving average price of $147.03. The stock has a market capitalization of $7.00 billion, a PE ratio of 15.48 and a beta of 1.31. Ryder System, Inc. has a fifty-two week low of $106.62 and a fifty-two week high of $171.78. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.74 and a quick ratio of 0.74.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, October 24th. The transportation company reported $3.44 earnings per share for the quarter, topping the consensus estimate of $3.39 by $0.05. Ryder System had a return on equity of 16.78% and a net margin of 3.83%. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.29 billion. During the same period in the prior year, the company earned $3.58 EPS. Ryder System’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities analysts expect that Ryder System, Inc. will post 12 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their price target on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. The Goldman Sachs Group lifted their price objective on Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, StockNews.com lowered Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $147.43.

Insider Transactions at Ryder System

In related news, insider Thomas M. Havens sold 4,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $157.44, for a total transaction of $629,760.00. Following the sale, the insider now owns 20,504 shares of the company’s stock, valued at $3,228,149.76. This trade represents a 16.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 5.10% of the company’s stock.

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.