Carillon Tower Advisers Inc. Cuts Holdings in Radiant Logistics Inc (NYSEAMERICAN:RLGT)
Carillon Tower Advisers Inc. trimmed its holdings in shares of Radiant Logistics Inc (NYSEAMERICAN:RLGT) by 0.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 330,075 shares of the company’s stock after selling 2,800 shares during the quarter. Carillon Tower Advisers Inc. owned approximately 0.66% of Radiant Logistics worth $1,706,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Campbell & CO Investment Adviser LLC increased its holdings in Radiant Logistics by 9.3% during the second quarter. Campbell & CO Investment Adviser LLC now owns 37,919 shares of the company’s stock valued at $233,000 after buying an additional 3,228 shares during the period. Jefferies Group LLC grew its holdings in Radiant Logistics by 38.4% in the second quarter. Jefferies Group LLC now owns 21,456 shares of the company’s stock worth $132,000 after purchasing an additional 5,952 shares during the last quarter. Hillsdale Investment Management Inc. grew its holdings in Radiant Logistics by 1.4% in the second quarter. Hillsdale Investment Management Inc. now owns 470,100 shares of the company’s stock worth $2,887,000 after purchasing an additional 6,300 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Radiant Logistics by 8.7% in the second quarter. Wells Fargo & Company MN now owns 85,628 shares of the company’s stock worth $526,000 after purchasing an additional 6,854 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its holdings in Radiant Logistics by 102.6% in the third quarter. Meeder Asset Management Inc. now owns 16,428 shares of the company’s stock worth $86,000 after purchasing an additional 8,319 shares during the last quarter. 39.47% of the stock is currently owned by institutional investors.
NYSEAMERICAN RLGT opened at $5.42 on Thursday. Radiant Logistics Inc has a 1 year low of $4.06 and a 1 year high of $7.33.
Several equities analysts have issued reports on RLGT shares. Cowen set a $7.00 price target on shares of Radiant Logistics and gave the stock a “buy” rating in a report on Friday, September 13th. Zacks Investment Research lowered shares of Radiant Logistics from a “buy” rating to a “hold” rating in a report on Wednesday.
About Radiant Logistics
Radiant Logistics, Inc operates as a third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.
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