YRC Worldwide, Inc. (YRCW) Shares Sold by Systematic Financial Management LP

Systematic Financial Management LP reduced its stake in shares of YRC Worldwide, Inc. (NASDAQ:YRCW) by 0.1% during the first quarter, Holdings Channel reports. The firm owned 133,905 shares of the transportation company’s stock after selling 195 shares during the period. Systematic Financial Management LP’s holdings in YRC Worldwide were worth $1,474,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in YRCW. Deprince Race & Zollo Inc. acquired a new position in shares of YRC Worldwide during the first quarter valued at about $143,000. Boothbay Fund Management LLC purchased a new stake in YRC Worldwide during the fourth quarter valued at $161,000. Strs Ohio purchased a new stake in YRC Worldwide during the first quarter valued at $164,000. Searle & CO. purchased a new stake in YRC Worldwide during the fourth quarter valued at $173,000. Finally, Prudential Financial Inc. purchased a new stake in YRC Worldwide during the first quarter valued at $177,000. Hedge funds and other institutional investors own 85.18% of the company’s stock.

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

YRC Worldwide, Inc. (NASDAQ YRCW) traded up 3.67% during midday trading on Monday, hitting $10.73. 90,286 shares of the stock traded hands. The company has a market capitalization of $359.78 million, a price-to-earnings ratio of 44.34 and a beta of 3.74. YRC Worldwide, Inc. has a 52 week low of $7.36 and a 52 week high of $16.97. The stock’s 50-day moving average price is $9.47 and its 200 day moving average price is $12.01.

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YRCW has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of YRC Worldwide from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Deutsche Bank AG decreased their price objective on shares of YRC Worldwide from $18.00 to $11.00 and set a “hold” rating for the company in a research report on Monday, May 8th. Finally, Stifel Nicolaus reiterated a “positive” rating and set a $18.00 price objective on shares of YRC Worldwide in a research report on Monday, March 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $15.75.

About YRC Worldwide

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:YRCW”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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