Thompson Siegel & Walmsley LLC Has $4.88 Million Stock Holdings in Ryder System, Inc. (NYSE:R)

Thompson Siegel & Walmsley LLC increased its position in shares of Ryder System, Inc. (NYSE:R) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,121 shares of the transportation company’s stock after buying an additional 2,021 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.07% of Ryder System worth $4,882,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in R. Janney Montgomery Scott LLC grew its position in Ryder System by 83.0% during the third quarter. Janney Montgomery Scott LLC now owns 9,260 shares of the transportation company’s stock worth $1,350,000 after buying an additional 4,200 shares in the last quarter. Atria Investments Inc boosted its holdings in Ryder System by 3.5% during the third quarter. Atria Investments Inc now owns 3,759 shares of the transportation company’s stock valued at $548,000 after purchasing an additional 126 shares in the last quarter. Sigma Planning Corp acquired a new stake in Ryder System during the third quarter valued at approximately $208,000. Oppenheimer & Co. Inc. acquired a new stake in Ryder System during the third quarter valued at approximately $396,000. Finally, KBC Group NV boosted its holdings in Ryder System by 21.9% during the third quarter. KBC Group NV now owns 1,232 shares of the transportation company’s stock valued at $180,000 after purchasing an additional 221 shares in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Ryder System Stock Performance

NYSE:R opened at $136.29 on Friday. Ryder System, Inc. has a 1 year low of $106.88 and a 1 year high of $171.78. The firm has a 50 day moving average of $159.77 and a 200-day moving average of $154.86. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $5.74 billion, a P/E ratio of 12.29 and a beta of 1.23.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 12th. The transportation company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.39 by $0.06. Ryder System had a net margin of 3.87% and a return on equity of 17.23%. As a group, sell-side analysts anticipate that Ryder System, Inc. will post 13.68 EPS 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. Investors of record on Tuesday, February 18th will be given a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 2.38%. The ex-dividend date is Tuesday, February 18th. Ryder System’s dividend payout ratio (DPR) is presently 29.22%.

Analysts Set New Price Targets

A number of research firms have weighed in on R. 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. StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price objective on Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a report on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ryder System presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.

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.