BNP Paribas Arbitrage SA raised its position in Roadrunner Transportation Systems, Inc (NYSE:RRTS) by 59.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,599 shares of the transportation company’s stock after purchasing an additional 6,533 shares during the period. BNP Paribas Arbitrage SA’s holdings in Roadrunner Transportation Systems were worth $168,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Texas Permanent School Fund raised its holdings in shares of Roadrunner Transportation Systems by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 22,106 shares of the transportation company’s stock worth $161,000 after purchasing an additional 185 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Roadrunner Transportation Systems by 48.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 414,185 shares of the transportation company’s stock valued at $3,012,000 after buying an additional 135,100 shares during the period. Arizona State Retirement System increased its holdings in Roadrunner Transportation Systems by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 15,828 shares of the transportation company’s stock worth $115,000 after purchasing an additional 100 shares during the last quarter. Rhumbline Advisers increased its holdings in Roadrunner Transportation Systems by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 59,223 shares of the transportation company’s stock worth $431,000 after purchasing an additional 1,095 shares during the last quarter. Finally, Denver Investment Advisors LLC purchased a new stake in Roadrunner Transportation Systems during the 2nd quarter worth approximately $118,000. 72.68% of the stock is currently owned by institutional investors.

Roadrunner Transportation Systems, Inc (NYSE:RRTS) opened at $7.91 on Friday. Roadrunner Transportation Systems, Inc has a 52 week low of $6.05 and a 52 week high of $11.88. The company has a market capitalization of $307.11, a PE ratio of 11.28 and a beta of 0.88.

Several research analysts have recently commented on the company. TheStreet upgraded Roadrunner Transportation Systems from a “c” rating to a “b-” rating in a research report on Thursday, October 12th. BidaskClub upgraded Roadrunner Transportation Systems from a “hold” rating to a “buy” rating in a research report on Saturday, September 23rd. ValuEngine upgraded Roadrunner Transportation Systems from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $8.00 target price on shares of Roadrunner Transportation Systems in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. Roadrunner Transportation Systems presently has a consensus rating of “Hold” and a consensus target price of $10.00.

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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.

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

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