Goldman Sachs Group Inc. decreased its holdings in Roadrunner Transportation Systems, Inc (NYSE:RRTS) by 39.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,007 shares of the transportation company’s stock after selling 27,944 shares during the period. Goldman Sachs Group Inc. owned about 0.11% of Roadrunner Transportation Systems worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also 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 second quarter. Arizona State Retirement System now owns 15,828 shares of the transportation company’s stock worth $115,000 after acquiring an additional 100 shares in the last quarter. Denver Investment Advisors LLC acquired a new position in shares of Roadrunner Transportation Systems in the second quarter worth $118,000. Thrivent Financial For Lutherans grew its stake in shares of Roadrunner Transportation Systems by 5.0% in the second quarter. Thrivent Financial For Lutherans now owns 18,270 shares of the transportation company’s stock worth $133,000 after acquiring an additional 870 shares in the last quarter. Stevens Capital Management LP acquired a new position in shares of Roadrunner Transportation Systems in the second quarter worth $136,000. Finally, Texas Permanent School Fund grew its stake in shares of Roadrunner Transportation Systems by 0.8% in the second quarter. Texas Permanent School Fund now owns 22,106 shares of the transportation company’s stock worth $161,000 after acquiring an additional 185 shares in the last quarter. Institutional investors and hedge funds own 71.77% of the company’s stock.

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Shares of Roadrunner Transportation Systems, Inc (NYSE:RRTS) opened at $7.81 on Friday. The stock has a market cap of $296.37, a price-to-earnings ratio of 10.89 and a beta of 0.89. Roadrunner Transportation Systems, Inc has a 1 year low of $6.05 and a 1 year high of $11.88.

Several research firms have commented on RRTS. BidaskClub downgraded shares of Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a research note on Wednesday. Robert W. Baird restated a “hold” rating and issued a $8.00 price target on shares of Roadrunner Transportation Systems in a research note on Wednesday, November 1st. TheStreet upgraded shares of Roadrunner Transportation Systems from a “c” rating to a “b-” rating in a research note on Thursday, October 12th. Finally, ValuEngine upgraded shares of Roadrunner Transportation Systems from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.00.

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.

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

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