Ryder System: Big Shareholders Cashing Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Ryder System, Inc. (NYSE:R).

SEC data indicate these insiders have sold Ryder System, Inc.’s stock since 06/30/2011:

  • Swienton Gregory T: act as Chairman & CEO(Click HERE for the list of stocks that their CEOs have bought). On 11/07/2011, sold 53,750 shares, worth $2,732,700.

SEC data indicate that these institutions significantly reduced their stock shares of Ryder System, Inc. in Q3 2011:

  • ARTISAN PARTNERS HOLDINGS LP: On 06/30/2011, held 3,172,864 shares, worth $178,251,500. On 09/30/2011, held 0 shares.
  • WELLINGTON MANAGEMENT CO LLP: On 06/30/2011, held 307,433 shares, worth $17,271,586. On 09/30/2011, held 0 shares.
  • TURNER INVESTMENT PARTNERS INC: On 06/30/2011, held 300,951 shares, worth $16,907,427. On 09/30/2011, held 0 shares.
  • JANUS CAPITAL MANAGEMENT LLC: On 06/30/2011, held 103,400 shares, worth $5,809,012. On 09/30/2011, held 0 shares.
  • CHICAGO EQUITY PARTNERS LLC: On 06/30/2011, held 91,950 shares, worth $5,165,751. On 09/30/2011, held 0 shares.

About the company: Ryder System, Inc. provides a continuum of logistics, supply chain, and transportation management solutions worldwide. The Company’s offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services. The Company also offers comprehensive supply chain solutions, logistics management services, and e-Commerce solutions.

Competitors to Watch: Pacer International, Inc. (NASDAQ:PACR), J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Northgate plc (NYSE:NTG), Hub Group, Inc. (NASDAQ:HUBG), Avis Budget Group Inc. (NYSE:CAR), AMERCO (NASDAQ:UHAL), UTi Worldwide Inc. (NASDAQ:UTIW), Expeditors Intl. of Washington (NASDAQ:EXPD), Hub Group, Inc. (NASDAQ:HUBG), Roadrunner Transportation Services Hold. (NYSE:RRTS), Echo Global Logistics, Inc. (NASDAQ:ECHO), Vitran Corp., Inc. (NASDAQ:VTNC), FedEx (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS).

(Note: Data regarding Ryder System, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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