Ryder System, Inc. (R) EVP Robert D. Fatovic Sells 17,755 Shares

Ryder System, Inc. (NYSE:R) EVP Robert D. Fatovic sold 17,755 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $82.44, for a total value of $1,463,722.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ryder System, Inc. (R) traded down $0.13 during trading on Monday, reaching $82.35. The company had a trading volume of 647,500 shares, compared to its average volume of 710,699. The stock has a market capitalization of $4,330.00, a PE ratio of 19.51, a PEG ratio of 1.22 and a beta of 1.51. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.96 and a current ratio of 1.02. Ryder System, Inc. has a 12 month low of $62.52 and a 12 month high of $85.50.

Ryder System (NYSE:R) last posted its quarterly earnings data on Tuesday, October 24th. The transportation company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.04. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Ryder System had a return on equity of 10.72% and a net margin of 2.75%. Ryder System’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.67 earnings per share. equities research analysts anticipate that Ryder System, Inc. will post 4.51 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date is Friday, November 17th. Ryder System’s dividend payout ratio (DPR) is presently 49.60%.

A number of institutional investors have recently bought and sold shares of R. 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 valued at $59,058,000 after purchasing an additional 51,763 shares during the period. Cipher Capital LP grew its holdings in Ryder System by 152.2% during the second quarter. Cipher Capital LP now owns 21,794 shares of the transportation company’s stock valued at $1,569,000 after purchasing an additional 13,153 shares during the period. Canada Pension Plan Investment Board grew its holdings in Ryder System by 155.2% during the second quarter. Canada Pension Plan Investment Board now owns 159,988 shares of the transportation company’s stock valued at $11,516,000 after purchasing an additional 97,300 shares during the period. Goldman Sachs Group Inc. grew its holdings in Ryder System by 10.9% during the second quarter. Goldman Sachs Group Inc. now owns 643,399 shares of the transportation company’s stock valued at $46,312,000 after purchasing an additional 63,055 shares during the period. Finally, Schroder Investment Management Group grew its holdings in 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. Institutional investors own 89.41% of the company’s stock.

Several research analysts have recently weighed in on R shares. ValuEngine upgraded Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Buckingham Research started coverage on Ryder System in a research note on Monday, August 21st. They issued a “buy” rating and a $85.00 price target for the company. BidaskClub upgraded Ryder System from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded Ryder System from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Tuesday, September 26th. Finally, Aegis reiterated a “buy” rating and set a $91.00 price objective (up previously from $84.00) on shares of Ryder System in a research report on Tuesday, October 10th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $85.00.

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Ryder System Company Profile

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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