Keeley Teton Advisors LLC Has $2.38 Million Holdings in Ryder System, Inc. (NYSE:R)

Keeley Teton Advisors LLC trimmed its position in shares of Ryder System, Inc. (NYSE:R) by 7.4% during the 4th quarter, HoldingsChannel reports. The firm owned 15,166 shares of the transportation company’s stock after selling 1,217 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Ryder System were worth $2,379,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Keystone Financial Group Inc. acquired a new stake in shares of Ryder System during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. purchased a new position in Ryder System in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in Ryder System in the 3rd quarter worth about $34,000. R Squared Ltd acquired a new stake in shares of Ryder System during the 4th quarter valued at about $45,000. Finally, Principal Securities Inc. lifted its holdings in shares of Ryder System by 36.5% during the 4th quarter. Principal Securities Inc. now owns 344 shares of the transportation company’s stock valued at $54,000 after buying an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on R shares. StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th. JPMorgan Chase & Co. dropped their price target on shares of Ryder System from $176.00 to $174.00 and set a “neutral” rating on the stock in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.

Ryder System Trading Down 0.0 %

NYSE:R opened at $140.82 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company’s 50 day moving average is $149.43 and its 200-day moving average is $154.67. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 12.70 and a beta of 1.10. Ryder System, Inc. has a 12 month low of $106.88 and a 12 month high of $171.78.

Ryder System (NYSE:R) last issued its quarterly earnings results on Wednesday, February 12th. The transportation company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.39 by $0.06. Ryder System had a return on equity of 17.23% and a net margin of 3.87%. Equities analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, February 18th were issued a $0.81 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 2.30%. Ryder System’s dividend payout ratio is 29.22%.

About Ryder System

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.