Ryder System Inc. (NYSE:R) insider Dennis C. Cooke sold 6,000 shares of Ryder System stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $79.27, for a total value of $475,620.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Ryder System Inc. (NYSE:R) traded down 0.72% on Wednesday, reaching $78.81. The company’s stock had a trading volume of 655,299 shares. Ryder System Inc. has a 52 week low of $45.12 and a 52 week high of $80.01. The stock has a 50-day moving average of $67.33 and a 200 day moving average of $66.44. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 14.51 and a beta of 1.23.

Ryder System (NYSE:R) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $1.67 EPS for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.01. Ryder System had a return on equity of 15.76% and a net margin of 4.32%. The company earned $1.72 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter last year, the company earned $1.74 EPS. The company’s quarterly revenue was up 3.3% on a year-over-year basis. On average, analysts expect that Ryder System Inc. will post $5.76 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Monday, November 21st will be given a $0.44 dividend. The ex-dividend date is Thursday, November 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.22%. Ryder System’s dividend payout ratio is currently 32.35%.

Hedge funds have recently made changes to their positions in the company. MSI Financial Services Inc increased its stake in shares of Ryder System by 6,270.4% in the second quarter. MSI Financial Services Inc now owns 30,960 shares of the company’s stock worth $1,893,000 after buying an additional 30,474 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ryder System by 261.6% in the first quarter. JPMorgan Chase & Co. now owns 94,976 shares of the company’s stock worth $6,153,000 after buying an additional 68,707 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Ryder System by 2.8% in the second quarter. Vanguard Group Inc. now owns 5,078,018 shares of the company’s stock worth $310,470,000 after buying an additional 139,673 shares in the last quarter. Zurich Insurance Group Ltd FI increased its stake in shares of Ryder System by 255.5% in the first quarter. Zurich Insurance Group Ltd FI now owns 48,700 shares of the company’s stock worth $3,155,000 after buying an additional 35,000 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new stake in shares of Ryder System during the first quarter worth approximately $22,300,000. Institutional investors own 96.62% of the company’s stock.

A number of brokerages have recently weighed in on R. Zacks Investment Research upgraded Ryder System from a “sell” rating to a “hold” rating in a report on Friday, September 23rd. Aegis began coverage on Ryder System in a report on Monday, October 24th. They issued a “buy” rating and a $77.00 price target for the company. Stifel Nicolaus downgraded Ryder System from a “buy” rating to a “hold” rating and set a $75.00 price target for the company. in a report on Tuesday. They noted that the move was a valuation call. KeyCorp reiterated a “hold” rating on shares of Ryder System in a report on Sunday, October 9th. Finally, Credit Agricole SA began coverage on Ryder System in a report on Friday, September 30th. They issued a “buy” rating and a $80.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $72.67.

About Ryder System

Ryder System, Inc is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides full 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; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia.

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