Marshall Wace North America L.P. acquired a new position in shares of Roadrunner Transportation Systems Inc (NASDAQ:RRTS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,035 shares of the company’s stock, valued at approximately $182,000. Marshall Wace North America L.P. owned approximately 0.07% of Roadrunner Transportation Systems at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in RRTS. Schwab Charles Investment Management Inc. raised its stake in Roadrunner Transportation Systems by 48.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 414,185 shares of the company’s stock worth $3,012,000 after acquiring an additional 135,100 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its stake in Roadrunner Transportation Systems by 43.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 192,050 shares of the company’s stock worth $1,397,000 after acquiring an additional 58,150 shares in the last quarter. Denver Investment Advisors LLC acquired a new position in Roadrunner Transportation Systems during the second quarter worth $118,000. Legal & General Group Plc raised its stake in Roadrunner Transportation Systems by 8.9% during the second quarter. Legal & General Group Plc now owns 55,124 shares of the company’s stock worth $401,000 after acquiring an additional 4,524 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Roadrunner Transportation Systems by 1.9% during the second quarter. Rhumbline Advisers now owns 59,223 shares of the company’s stock worth $431,000 after acquiring an additional 1,095 shares in the last quarter.

Separately, BidaskClub upgraded Roadrunner Transportation Systems from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Roadrunner Transportation Systems has a consensus rating of “Hold” and a consensus price target of $9.25.

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Shares of Roadrunner Transportation Systems Inc (NASDAQ RRTS) opened at 7.57 on Friday. The firm has a market capitalization of $290.23 million and a price-to-earnings ratio of 11.70. The stock has a 50 day moving average price of $7.03 and a 200-day moving average price of $6.88. Roadrunner Transportation Systems Inc has a 52 week low of $6.05 and a 52 week high of $11.88.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

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Institutional Ownership by Quarter for Roadrunner Transportation Systems (NASDAQ:RRTS)

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