Principal Financial Group Inc. increased its stake in Roadrunner Transportation Systems Inc (NASDAQ:RRTS) by 0.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 230,300 shares of the company’s stock after buying an additional 162 shares during the period. Principal Financial Group Inc. owned 0.60% of Roadrunner Transportation Systems worth $1,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Arizona State Retirement System grew its stake in shares of Roadrunner Transportation Systems by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 15,828 shares of the company’s stock worth $115,000 after buying an additional 100 shares during the last quarter. Denver Investment Advisors LLC purchased a new stake in shares of Roadrunner Transportation Systems in the 2nd quarter worth approximately $118,000. Texas Permanent School Fund grew its stake in shares of Roadrunner Transportation Systems by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 22,106 shares of the company’s stock worth $161,000 after buying an additional 185 shares during the last quarter. Marshall Wace North America L.P. purchased a new stake in shares of Roadrunner Transportation Systems in the 2nd quarter worth approximately $182,000. Finally, Balter Liquid Alternatives LLC purchased a new stake in shares of Roadrunner Transportation Systems in the 2nd quarter worth approximately $257,000.

RRTS has been the topic of several recent analyst reports. Robert W. Baird reiterated a “hold” rating and set a $8.00 target price on shares of Roadrunner Transportation Systems in a research note on Sunday, October 1st. BidaskClub upgraded Roadrunner Transportation Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 29th.

COPYRIGHT VIOLATION WARNING: “Principal Financial Group Inc. Buys 162 Shares of Roadrunner Transportation Systems Inc (RRTS)” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/10/09/principal-financial-group-inc-buys-162-shares-of-roadrunner-transportation-systems-inc-rrts.html.

Shares of Roadrunner Transportation Systems Inc (RRTS) opened at 9.35 on Monday. The stock has a market capitalization of $358.48 million and a P/E ratio of 14.45. Roadrunner Transportation Systems Inc has a 52 week low of $6.05 and a 52 week high of $11.88. The firm’s 50-day moving average price is $7.98 and its 200 day moving average price is $7.07.

About Roadrunner Transportation Systems

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.

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

Receive News & Stock Ratings for Roadrunner Transportation Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadrunner Transportation Systems Inc and related stocks with our FREE daily email newsletter.