Ryder System, Inc. (NYSE:R) Stock Position Raised by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in Ryder System, Inc. (NYSE:R) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,446 shares of the transportation company’s stock after buying an additional 466 shares during the period. Teacher Retirement System of Texas’ holdings in Ryder System were worth $3,050,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in R. Sanctuary Advisors LLC lifted its position in shares of Ryder System by 0.9% in the fourth quarter. Sanctuary Advisors LLC now owns 7,894 shares of the transportation company’s stock worth $1,282,000 after buying an additional 68 shares during the last quarter. Savant Capital LLC lifted its holdings in Ryder System by 3.6% in the 4th quarter. Savant Capital LLC now owns 2,438 shares of the transportation company’s stock worth $382,000 after purchasing an additional 84 shares during the last quarter. Principal Securities Inc. boosted its position in Ryder System by 36.5% during the fourth quarter. Principal Securities Inc. now owns 344 shares of the transportation company’s stock worth $54,000 after purchasing an additional 92 shares during the period. MML Investors Services LLC grew its holdings in Ryder System by 4.7% during the third quarter. MML Investors Services LLC now owns 2,078 shares of the transportation company’s stock valued at $303,000 after purchasing an additional 94 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Ryder System by 36.6% during the fourth quarter. UMB Bank n.a. now owns 362 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 97 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 0.1 %

NYSE R opened at $144.98 on Wednesday. Ryder System, Inc. has a twelve month low of $106.88 and a twelve month high of $171.78. The stock has a market cap of $6.05 billion, a PE ratio of 13.07 and a beta of 1.23. The firm has a 50-day simple moving average of $156.84 and a 200 day simple moving average of $155.04. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75.

Ryder System (NYSE:R) last issued its earnings results on Wednesday, February 12th. The transportation company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates 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, research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th were paid a $0.81 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.23%. Ryder System’s dividend payout ratio (DPR) is presently 29.22%.

Wall Street Analysts Forecast Growth

R has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Ryder System from $176.00 to $174.00 and set a “neutral” rating for the company in a research note on Thursday, February 13th. The Goldman Sachs Group boosted their target price on shares of Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.