Dimensional Fund Advisors LP Has $84.99 Million Holdings in Ryder System, Inc. (R)

Dimensional Fund Advisors LP decreased its position in shares of Ryder System, Inc. (NYSE:R) by 0.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,765,038 shares of the transportation company’s stock after selling 909 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Ryder System were worth $84,986,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in R. Penserra Capital Management LLC bought a new stake in shares of Ryder System in the 4th quarter valued at $135,000. Nisa Investment Advisors LLC increased its stake in shares of Ryder System by 44.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 21,064 shares of the transportation company’s stock valued at $1,014,000 after acquiring an additional 6,500 shares in the last quarter. United Services Automobile Association increased its stake in shares of Ryder System by 10.6% in the 4th quarter. United Services Automobile Association now owns 12,223 shares of the transportation company’s stock valued at $589,000 after acquiring an additional 1,170 shares in the last quarter. Personal Resources Investment & Strategic Management Inc. increased its stake in shares of Ryder System by 8.9% in the 4th quarter. Personal Resources Investment & Strategic Management Inc. now owns 37,854 shares of the transportation company’s stock valued at $1,823,000 after acquiring an additional 3,105 shares in the last quarter. Finally, Copeland Capital Management LLC increased its stake in shares of Ryder System by 58.2% in the 4th quarter. Copeland Capital Management LLC now owns 399,720 shares of the transportation company’s stock valued at $19,246,000 after acquiring an additional 147,018 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company’s stock.

NYSE R opened at $57.70 on Monday. Ryder System, Inc. has a 12-month low of $44.80 and a 12-month high of $79.95. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.57 and a quick ratio of 0.54. The firm has a market capitalization of $3.08 billion, a P/E ratio of 9.97 and a beta of 1.71.

Ryder System (NYSE:R) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.12. Ryder System had a net margin of 3.28% and a return on equity of 11.26%. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter last year, the firm posted $0.91 EPS. Ryder System’s revenue was up 14.5% compared to the same quarter last year. On average, sell-side analysts expect that Ryder System, Inc. will post 6.17 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Monday, May 20th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend is Friday, May 17th. Ryder System’s payout ratio is currently 37.31%.

Several analysts have recently weighed in on R shares. ValuEngine upgraded shares of Ryder System from a “strong sell” rating to a “sell” rating in a research note on Thursday, February 14th. TheStreet upgraded shares of Ryder System from a “c+” rating to a “b-” rating in a research note on Thursday, February 21st. Finally, Zacks Investment Research lowered shares of Ryder System from a “hold” rating to a “sell” rating in a research note on Monday, January 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. Ryder System currently has an average rating of “Buy” and an average price target of $76.89.

In related news, Director E Follin Smith sold 1,138 shares of Ryder System stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $62.82, for a total value of $71,489.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.80% of the company’s stock.

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Ryder System Profile

Ryder System, Inc provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services.

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Institutional Ownership by Quarter for Ryder System (NYSE:R)

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