Measured Wealth Private Client Group LLC Purchases 763 Shares of Ryder System, Inc. (NYSE:R)

Measured Wealth Private Client Group LLC lifted its position in shares of Ryder System, Inc. (NYSE:R) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,699 shares of the transportation company’s stock after purchasing an additional 763 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Ryder System were worth $1,208,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in R. Jacobs Levy Equity Management Inc. boosted its position in shares of Ryder System by 212.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 425,614 shares of the transportation company’s stock worth $62,055,000 after purchasing an additional 289,388 shares in the last quarter. FMR LLC raised its stake in Ryder System by 56.2% during the third quarter. FMR LLC now owns 781,519 shares of the transportation company’s stock valued at $113,945,000 after buying an additional 281,052 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Ryder System in the fourth quarter worth $12,242,000. Thompson Siegel & Walmsley LLC bought a new position in shares of Ryder System during the third quarter valued at $4,243,000. Finally, Franklin Resources Inc. raised its position in shares of Ryder System by 14.3% in the 3rd quarter. Franklin Resources Inc. now owns 136,781 shares of the transportation company’s stock worth $20,724,000 after purchasing an additional 17,074 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 1.0 %

Shares of Ryder System stock opened at $156.79 on Friday. Ryder System, Inc. has a twelve month low of $106.62 and a twelve month high of $171.78. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.17. The company’s 50 day moving average is $161.01 and its 200 day moving average is $150.73. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 14.67 and a beta of 1.30.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. JPMorgan Chase & Co. cut their price objective 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. The Goldman Sachs Group increased their price target on shares of Ryder System from $160.00 to $183.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, StockNews.com lowered shares of Ryder System from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $147.43.

Ryder System Company 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.