The stock of YRC Worldwide Inc (NASDAQ:YRCW) is a huge mover today! About 956,384 shares traded hands or 62.70% up from the average. YRC Worldwide Inc (NASDAQ:YRCW) has declined 11.09% since April 1, 2016 and is downtrending. It has underperformed by 12.30% the S&P500.
The move comes after 8 months positive chart setup for the $261.75 million company. It was reported on Nov, 3 by Barchart.com. We have $14.28 PT which if reached, will make NASDAQ:YRCW worth $177.99 million more.
YRC Worldwide Inc (NASDAQ:YRCW) Ratings Coverage
Out of 2 analysts covering YRC Worldwide Inc (NASDAQ:YRCW), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. YRC Worldwide Inc has been the topic of 6 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock of YRC Worldwide Inc (NASDAQ:YRCW) has “Buy” rating given on Friday, October 30 by Stifel Nicolaus. The firm earned “Strong Buy” rating on Wednesday, July 29 by Raymond James. The company was maintained on Friday, July 31 by Deutsche Bank. Deutsche Bank initiated it with “Hold” rating and $11 target price in Wednesday, November 2 report.
According to Zacks Investment Research, “YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities.”
Insitutional Activity: The institutional sentiment decreased to 1.02 in Q2 2016. Its down 0.23, from 1.25 in 2016Q1. The ratio dropped, as 16 funds sold all YRC Worldwide Inc shares owned while 39 reduced positions. 14 funds bought stakes while 42 increased positions. They now own 25.08 million shares or 7.30% less from 27.05 million shares in 2016Q1.
Blackrock holds 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 23,514 shares. Wells Fargo And Mn has invested 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). Metropolitan Life Insurance Ny holds 0% or 22,729 shares in its portfolio. Pnc Serv Group has invested 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). New York State Common Retirement Fund last reported 0% of its portfolio in the stock. Nationwide Fund Advisors last reported 0.01% of its portfolio in the stock. Lucus Advsr Lc holds 0.28% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 38,740 shares. Century Cos has 0% invested in the company for 311,752 shares. Dimensional Fund Advsr Limited Partnership owns 765,927 shares or 0% of their US portfolio. State Board Of Administration Of Florida Retirement Sys, a Florida-based fund reported 28,540 shares. Barclays Public Ltd Liability Co holds 0% or 98,374 shares in its portfolio. The Maryland-based Price T Rowe Assocs Md has invested 0% in YRC Worldwide Inc (NASDAQ:YRCW). Ramsey Asset Mngmt holds 6.05% or 352,658 shares in its portfolio. Lasry Marc holds 9.88% or 4.80 million shares in its portfolio. Shell Asset accumulated 97,371 shares or 0.02% of the stock.
Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 8 insider sales for $1.86 million net activity. WELCH JAMES L sold $521,703 worth of YRC Worldwide Inc (NASDAQ:YRCW) on Friday, August 5. The insider Hall Justin M. sold $25,410. 10,000 shares were sold by Ware Scott D., worth $114,400 on Thursday, August 18. 14,411 shares with value of $172,500 were sold by O’Connor Thomas Joseph III on Tuesday, August 9. Another trade for 49,000 shares valued at $552,720 was made by Pierson Jamie G. on Friday, August 12. 18,896 shares were sold by Hawkins Darren, worth $219,005.
More recent YRC Worldwide Inc (NASDAQ:YRCW) news were published by: Nasdaq.com which released: “YRC Worldwide Inc. Profit Retreats 9% In Q3” on October 27, 2016. Also Fool.com published the news titled: “Why YRC Worldwide Inc.’s Shares Jumped 18% Today” on July 29, 2016. Fool.com‘s news article titled: “Why YRC Worldwide Inc.’s Shares Rose Today” with publication date: April 29, 2016 was also an interesting one.
YRCW Company Profile
YRC Worldwide Inc. (YRC Worldwide), incorporated on January 28, 1983, is a holding firm that, through its subsidiaries and its interest in a Chinese joint venture, JHJ International Transportation Company, Ltd., offers a range of transportation services. The Firm has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling clients to ship industrial, commercial and retail goods. The Firm operates through two divisions: YRC Freight and Regional Transportation.
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