YRC Worldwide Inc (YRCW) : Algert Global scooped up 51,400 additional shares in YRC Worldwide Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 145,228 shares of YRC Worldwide Inc which is valued at $1,803,732.YRC Worldwide Inc makes up approximately 0.53% of Algert Global’s portfolio.
Other Hedge Funds, Including , Fox Run Management L.l.c. added YRCW to its portfolio by purchasing 21,900 company shares during the most recent quarter which is valued at $271,998. YRC Worldwide Inc makes up approx 0.16% of Fox Run Management L.l.c.’s portfolio.Cutler Group Lp reduced its stake in YRCW by selling 950 shares or 73.3% in the most recent quarter. The Hedge Fund company now holds 346 shares of YRCW which is valued at $4,373. Simplex Trading sold out all of its stake in YRCW during the most recent quarter. The investment firm sold 1,100 shares of YRCW which is valued $13,662.Bnp Paribas Arbitrage Sa reduced its stake in YRCW by selling 3,754 shares or 49.7% in the most recent quarter. The Hedge Fund company now holds 3,799 shares of YRCW which is valued at $48,513.
YRC Worldwide Inc closed down -0.22 points or -1.74% at $12.42 with 2,03,922 shares getting traded on Tuesday. Post opening the session at $12.55, the shares hit an intraday low of $12.31 and an intraday high of $12.66 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, YRC Worldwide Inc reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.29 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.54. The company had revenue of $1207.60 million for the quarter, compared to analysts expectations of $1197.23 million. The company’s revenue was down -4.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.80 EPS.
YRC Worldwide Inc. is a holding company that through its wholly owned subsidiaries and its interest in a Chinese joint venture offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local regional national and international capabilities. It offers supply chain solutions enabling customers to ship industrial commercial and retail goods. It operates in two segments which include YRC Freight and Regional Transportation. The YRC Freight segment is focused on business opportunities in national regional and international markets. YRC Freight provides for the movement of industrial commercial and retail goods through its subsidiary YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer). Its Regional Transportation segment is a transportation service provider that comprises USF Holland Inc. (Holland) New Penn Motor Express Inc. (New Penn) and USF Reddaway Inc. (Reddaway).