Ryder System, Inc. (NYSE:R) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. trimmed its position in Ryder System, Inc. (NYSE:R) by 20.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 344 shares of the transportation company’s stock after selling 90 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Ryder System were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its holdings in shares of Ryder System by 43.2% in the 3rd quarter. UMB Bank n.a. now owns 265 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 80 shares during the last quarter. Truist Financial Corp grew its position in Ryder System by 0.6% during the 2nd quarter. Truist Financial Corp now owns 14,303 shares of the transportation company’s stock worth $1,772,000 after purchasing an additional 90 shares during the period. MML Investors Services LLC raised its stake in shares of Ryder System by 4.7% during the 3rd quarter. MML Investors Services LLC now owns 2,078 shares of the transportation company’s stock valued at $303,000 after buying an additional 94 shares during the last quarter. Buckley Wealth Management LLC lifted its holdings in shares of Ryder System by 1.1% in the 3rd quarter. Buckley Wealth Management LLC now owns 9,660 shares of the transportation company’s stock valued at $1,408,000 after buying an additional 105 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Ryder System by 20.2% in the third quarter. GAMMA Investing LLC now owns 708 shares of the transportation company’s stock worth $103,000 after buying an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. The Goldman Sachs Group boosted their price target on Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a report on Thursday, December 12th. StockNews.com cut shares of Ryder System from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.43.

Ryder System Stock Down 1.0 %

Shares of NYSE R opened at $163.83 on Monday. The firm has a market cap of $6.93 billion, a price-to-earnings ratio of 15.33 and a beta of 1.31. The company’s 50-day simple moving average is $161.99 and its 200-day simple moving average is $149.23. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. Ryder System, Inc. has a 52-week low of $106.62 and a 52-week high of $171.78.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $3.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.39 by $0.05. Ryder System had a return on equity of 16.78% and a net margin of 3.83%. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the previous year, the firm posted $3.58 EPS. Ryder System’s revenue was up 8.3% compared to the same quarter last year. Equities analysts predict that Ryder System, Inc. will post 12 EPS for the current fiscal year.

Insider Transactions at Ryder System

In other news, insider Thomas M. Havens sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $157.44, for a total value of $629,760.00. Following the transaction, the insider now directly owns 20,504 shares of the company’s stock, valued at approximately $3,228,149.76. This trade represents a 16.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 5.10% of the company’s stock.

Ryder System Profile

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.