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

Decker Retirement Planning Inc. bought a new stake in Ryder System, Inc. (NYSE:R) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 609 shares of the transportation company’s stock, valued at approximately $96,000.

Other hedge funds also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. increased its holdings in shares of Ryder System by 10.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 11,085 shares of the transportation company’s stock worth $1,373,000 after acquiring an additional 1,027 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Ryder System by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,722,222 shares of the transportation company’s stock valued at $213,345,000 after purchasing an additional 31,550 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Ryder System by 15.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 21,751 shares of the transportation company’s stock valued at $2,695,000 after purchasing an additional 2,881 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in Ryder System by 17.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,454 shares of the transportation company’s stock worth $799,000 after purchasing an additional 941 shares in the last quarter. Finally, Seven Eight Capital LP acquired a new stake in Ryder System during the 2nd quarter worth approximately $701,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Up 1.2 %

Ryder System stock opened at $165.48 on Friday. The company has a fifty day simple moving average of $161.97 and a 200 day simple moving average of $147.03. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.17. Ryder System, Inc. has a 1-year low of $106.62 and a 1-year high of $171.78. The company has a market cap of $7.00 billion, a P/E ratio of 15.48 and a beta of 1.31.

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, beating 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 company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter last year, the company earned $3.58 EPS. Ryder System’s revenue for the quarter was up 8.3% compared to the same quarter last year. Research analysts anticipate that Ryder System, Inc. will post 12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Thomas M. Havens sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $157.44, for a total value of $629,760.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.10% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on R shares. JPMorgan Chase & Co. lowered their price objective 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. StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. Finally, The Goldman Sachs Group lifted their price target on Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.