YRC Worldwide Inc (YRCW) : Silver Rock Financial has sold out all of its stake in YRC Worldwide Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 1,081 shares of YRC Worldwide Inc which is valued at $12,194.
Other Hedge Funds, Including , Price T Rowe Associates Inc Md boosted its stake in YRCW in the latest quarter, The investment management firm added 227,400 additional shares and now holds a total of 1,570,360 shares of YRC Worldwide Inc which is valued at $17,713,661.Rhumbline Advisers reduced its stake in YRCW by selling 7,765 shares or 17.5% in the most recent quarter. The Hedge Fund company now holds 36,610 shares of YRCW which is valued at $412,961. Secor Capital Advisors Lp added YRCW to its portfolio by purchasing 25,224 company shares during the most recent quarter which is valued at $289,824. YRC Worldwide Inc makes up approx 0.04% of Secor Capital Advisors Lp’s portfolio.Mufg Americas Holdings Corp boosted its stake in YRCW in the latest quarter, The investment management firm added 437 additional shares and now holds a total of 1,368 shares of YRC Worldwide Inc which is valued at $15,718.State Board Of Administration Of Florida Retirement System reduced its stake in YRCW by selling 169 shares or 0.59% in the most recent quarter. The Hedge Fund company now holds 28,540 shares of YRCW which is valued at $353,896.
YRC Worldwide Inc closed down -0.01 points or -0.09% at $11.58 with 3,05,893 shares getting traded on Thursday. Post opening the session at $11.63, the shares hit an intraday low of $11.45 and an intraday high of $11.78 and the price fluctuated in this range throughout the day.Shares ended Thursday 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).