Ryder System, Inc. (NYSE:R) CMO Karen M. Jones sold 4,790 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $81.78, for a total transaction of $391,726.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Ryder System, Inc. (NYSE:R) traded up $0.62 during midday trading on Friday, reaching $82.35. The company’s stock had a trading volume of 268,854 shares, compared to its average volume of 697,317. The stock has a market capitalization of $4,388.84, a price-to-earnings ratio of 19.64 and a beta of 1.51.

Ryder System (NYSE:R) last issued its earnings results on Tuesday, October 24th. The transportation company reported $1.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.04. Ryder System had a return on equity of 10.72% and a net margin of 2.75%. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period last year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. equities research analysts anticipate that Ryder System, Inc. will post 4.5 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Friday, November 17th. Ryder System’s dividend payout ratio (DPR) is 49.86%.

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Several analysts have issued reports on R shares. Buckingham Research increased their price objective on shares of Ryder System from $92.00 to $93.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. BidaskClub downgraded shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Sunday, July 30th. Zacks Investment Research raised shares of Ryder System from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research report on Tuesday. Aegis reiterated a “buy” rating and set a $91.00 target price (up from $84.00) on shares of Ryder System in a research note on Tuesday, October 10th. Finally, J P Morgan Chase & Co increased their target price on Ryder System from $69.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $85.00.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its holdings in shares of Ryder System by 41.7% during the second quarter. BlackRock Inc. now owns 5,010,932 shares of the transportation company’s stock valued at $360,685,000 after purchasing an additional 1,475,138 shares during the period. Fiduciary Management Inc. WI increased its holdings in shares of Ryder System by 13.6% during the second quarter. Fiduciary Management Inc. WI now owns 1,211,960 shares of the transportation company’s stock valued at $87,237,000 after purchasing an additional 145,219 shares during the period. Schroder Investment Management Group increased its holdings in shares of Ryder System by 20.1% during the second quarter. Schroder Investment Management Group now owns 875,380 shares of the transportation company’s stock valued at $62,896,000 after purchasing an additional 146,745 shares during the period. Westfield Capital Management Co. LP increased its holdings in shares of Ryder System by 13.8% during the second quarter. Westfield Capital Management Co. LP now owns 844,807 shares of the transportation company’s stock valued at $60,809,000 after purchasing an additional 102,324 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Ryder System by 6.7% during the second quarter. Bank of New York Mellon Corp now owns 820,490 shares of the transportation company’s stock worth $59,058,000 after acquiring an additional 51,763 shares during the period. 89.64% of the stock is currently owned by institutional investors.

About Ryder System

Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia.

Insider Buying and Selling by Quarter for Ryder System (NYSE:R)

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