Boston Partners Purchases Shares of 895,600 YRC Worldwide Inc (YRCW)

Boston Partners purchased a new stake in YRC Worldwide Inc (NASDAQ:YRCW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 895,600 shares of the transportation company’s stock, valued at approximately $12,879,000.

Other large investors also recently added to or reduced their stakes in the company. First Quadrant L P CA bought a new stake in YRC Worldwide in the third quarter valued at $132,000. Los Angeles Capital Management & Equity Research Inc. bought a new stake in YRC Worldwide in the third quarter valued at $150,000. Jane Street Group LLC bought a new stake in YRC Worldwide in the third quarter valued at $159,000. Boothbay Fund Management LLC purchased a new position in YRC Worldwide during the third quarter valued at $160,000. Finally, Voya Investment Management LLC lifted its position in YRC Worldwide by 18.7% during the second quarter. Voya Investment Management LLC now owns 17,288 shares of the transportation company’s stock valued at $192,000 after buying an additional 2,720 shares during the period. Institutional investors and hedge funds own 84.55% of the company’s stock.

YRC Worldwide Inc (NASDAQ:YRCW) opened at $10.09 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of -2.26. The company has a market capitalization of $338.20, a price-to-earnings ratio of -28.83 and a beta of 3.86. YRC Worldwide Inc has a 52-week low of $7.36 and a 52-week high of $17.61.

YRC Worldwide (NASDAQ:YRCW) last announced its quarterly earnings data on Thursday, February 1st. The transportation company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.26). The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.22 billion. YRC Worldwide had a negative net margin of 0.22% and a negative return on equity of 1.26%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.23) EPS. equities research analysts forecast that YRC Worldwide Inc will post 1.3 EPS for the current fiscal year.

YRCW has been the subject of several recent research reports. ValuEngine lowered YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Zacks Investment Research lowered YRC Worldwide from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 8th. Stifel Nicolaus reissued a “buy” rating and set a $18.00 price objective (down previously from $19.00) on shares of YRC Worldwide in a research report on Thursday, October 19th. Finally, BidaskClub raised YRC Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.00.

In other news, CEO James L. Welch sold 100,000 shares of YRC Worldwide stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $12.24, for a total value of $1,224,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Justin M. Hall purchased 5,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was bought at an average cost of $11.09 per share, with a total value of $55,450.00. The disclosure for this purchase can be found here. Company insiders own 3.70% of the company’s stock.

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YRC Worldwide Profile

YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

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Institutional Ownership by Quarter for YRC Worldwide (NASDAQ:YRCW)

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