Ryder System (R) : Tlp Group scooped up 974 additional shares in Ryder System during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 13,345 shares of Ryder System which is valued at $880,770.Ryder System makes up approximately 0.53% of Tlp Group’s portfolio.
Other Hedge Funds, Including , Sii Investments Incwi reduced its stake in R by selling 435 shares or 5.73% in the most recent quarter. The Hedge Fund company now holds 7,161 shares of R which is valued at $472,626. Ryder System makes up approx 0.04% of Sii Investments Incwi’s portfolio.Commonwealth Equity Services Inc boosted its stake in R in the latest quarter, The investment management firm added 1,427 additional shares and now holds a total of 15,797 shares of Ryder System which is valued at $1,037,547. Ryder System makes up approx 0.01% of Commonwealth Equity Services Inc’s portfolio.State Treasurer State Of Michigan boosted its stake in R in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 18,691 shares of Ryder System which is valued at $1,188,561. Ryder System makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio.World Asset Management Inc boosted its stake in R in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 5,647 shares of Ryder System which is valued at $359,093. Ryder System makes up approx 0.01% of World Asset Management Inc’s portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold out all of its stake in R during the most recent quarter. The investment firm sold 79,898 shares of R which is valued $5,265,278.
Ryder System closed down -0.05 points or -0.08% at $64.95 with 3,72,404 shares getting traded on Wednesday. Post opening the session at $64.91, the shares hit an intraday low of $64.25 and an intraday high of $65.29 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Ryder System reported $1.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $1.53. The company had revenue of $1703.70 million for the quarter, compared to analysts expectations of $1688.26 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 EPS.
Ryder System Inc. (Ryder) is engaged in offering commercial fleet management and supply chain solutions. Ryder operates in two segments: Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The Fleet Management Solutions segment provides service leasing commercial rental contract maintenance and contract-related maintenance of trucks tractors and trailers to customers in the United States Canada and the United Kingdom. The Supply Chain Solutions segment provides supply chain solutions including distribution and transportation services in North America and Asia. The Supply Chain Solutions segment also provides services which includes vehicles and drivers as part of a transportation solution in the United States. In addition the Company’s SCS business as well as its FMS business provides customers with capacity management services.