YRC Worldwide (NASDAQ:YRCW) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Friday.

A number of other research firms have also recently commented on YRCW. Zacks Investment Research cut YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. BidaskClub cut YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Stifel Nicolaus restated a “buy” rating and set a $18.00 target price (up from $16.00) on shares of YRC Worldwide in a research report on Friday, August 4th. Finally, Aegis restated a “buy” rating and set a $20.00 target price on shares of YRC Worldwide in a research report on Saturday, September 16th. Three analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $16.00.

YRC Worldwide (NASDAQ:YRCW) traded up $0.10 during trading hours on Friday, hitting $12.42. The stock had a trading volume of 1,142,272 shares, compared to its average volume of 725,544. YRC Worldwide has a 52-week low of $7.36 and a 52-week high of $16.97. The company has a debt-to-equity ratio of -2.26, a quick ratio of 1.39 and a current ratio of 1.39.

In related news, insider Justin M. Hall purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were purchased at an average cost of $11.09 per share, with a total value of $55,450.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO James L. Welch sold 100,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $12.24, for a total transaction of $1,224,000.00. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. lifted its stake in YRC Worldwide by 1.5% in the 3rd quarter. BlackRock Inc. now owns 23,872 shares of the transportation company’s stock valued at $294,000 after buying an additional 358 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in YRC Worldwide by 0.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 156,478 shares of the transportation company’s stock valued at $1,377,000 after buying an additional 413 shares in the last quarter. Teachers Advisors LLC lifted its stake in YRC Worldwide by 1.0% in the 2nd quarter. Teachers Advisors LLC now owns 62,884 shares of the transportation company’s stock valued at $699,000 after buying an additional 593 shares in the last quarter. Rhumbline Advisers lifted its stake in YRC Worldwide by 2.2% in the 2nd quarter. Rhumbline Advisers now owns 39,456 shares of the transportation company’s stock valued at $439,000 after buying an additional 850 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in YRC Worldwide by 0.3% in the 2nd quarter. American Century Companies Inc. now owns 311,752 shares of the transportation company’s stock valued at $2,743,000 after buying an additional 870 shares in the last quarter. 85.28% of the stock is currently owned by hedge funds and other institutional investors.

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About YRC Worldwide

YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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