Shelton Capital Management Sells 90 Shares of Ryder System, Inc. (NYSE:R)

Shelton Capital Management decreased its position in shares of Ryder System, Inc. (NYSE:R) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,630 shares of the transportation company’s stock after selling 90 shares during the quarter. Shelton Capital Management’s holdings in Ryder System were worth $256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Keystone Financial Group Inc. bought a new position in Ryder System in the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. purchased a new stake in shares of Ryder System in the fourth quarter worth approximately $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Ryder System in the third quarter valued at approximately $34,000. R Squared Ltd purchased a new position in shares of Ryder System during the fourth quarter valued at approximately $45,000. Finally, Principal Securities Inc. grew its holdings 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 buying an additional 92 shares in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Ryder System Price Performance

Ryder System stock opened at $139.04 on Friday. The firm has a market capitalization of $5.80 billion, a P/E ratio of 12.54 and a beta of 1.10. Ryder System, Inc. has a one year low of $106.88 and a one year high of $171.78. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a fifty day moving average price of $150.10 and a 200-day moving average price of $154.73.

Ryder System (NYSE:R) last released its quarterly earnings data 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 net margin of 3.87% and a return on equity of 17.23%. As a group, equities research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Tuesday, February 18th. Ryder System’s payout ratio is 29.22%.

Analyst Ratings Changes

Several research analysts recently weighed in on R shares. JPMorgan Chase & Co. cut their price target on shares of Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a report on Thursday, February 13th. StockNews.com downgraded Ryder System from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.