Measured Wealth Private Client Group LLC Acquires 763 Shares of Ryder System, Inc. (NYSE:R)

Measured Wealth Private Client Group LLC grew its holdings in Ryder System, Inc. (NYSE:R) by 11.0% during the 4th quarter, Holdings Channel reports. The fund owned 7,699 shares of the transportation company’s stock after buying an additional 763 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Ryder System were worth $1,208,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of R. Longboard Asset Management LP purchased a new position in shares of Ryder System during the 4th quarter valued at about $232,000. Great Diamond Partners LLC purchased a new position in Ryder System during the fourth quarter valued at approximately $584,000. EMC Capital Management boosted its position in shares of Ryder System by 425.8% in the fourth quarter. EMC Capital Management now owns 5,258 shares of the transportation company’s stock worth $825,000 after purchasing an additional 4,258 shares during the period. R Squared Ltd purchased a new stake in shares of Ryder System in the fourth quarter worth $45,000. Finally, Nilsine Partners LLC bought a new stake in shares of Ryder System during the 4th quarter valued at $231,000. Institutional investors own 87.47% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on R. StockNews.com lowered Ryder System from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. JPMorgan Chase & Co. cut their target price on Ryder System from $148.00 to $144.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, The Goldman Sachs Group boosted their price target on Ryder System from $160.00 to $183.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $147.43.

Ryder System Stock Performance

NYSE R opened at $156.79 on Friday. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.74 and a quick ratio of 0.74. Ryder System, Inc. has a 1-year low of $106.62 and a 1-year high of $171.78. The business has a 50 day simple moving average of $161.01 and a two-hundred day simple moving average of $150.73. The stock has a market capitalization of $6.63 billion, a PE ratio of 14.67 and a beta of 1.30.

About Ryder System

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.