The stock of YRC Worldwide Inc (NASDAQ:YRCW) is a huge mover today! About 842,628 shares traded hands or 21.19% up from the average. YRC Worldwide Inc (NASDAQ:YRCW) has risen 12.29% since April 8, 2016 and is uptrending. It has outperformed by 6.64% the S&P500.
The move comes after 7 months positive chart setup for the $374.60M company. It was reported on Nov, 10 by Barchart.com. We have $19.24 PT which if reached, will make NASDAQ:YRCW worth $292.19M 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. On Wednesday, July 29 the stock rating was upgraded by Raymond James to “Strong Buy”. Deutsche Bank maintained the shares of YRCW in a report on Friday, July 31 with “Buy” rating. The stock of YRC Worldwide Inc (NASDAQ:YRCW) has “Hold” rating given on Wednesday, November 2 by Deutsche Bank. The firm earned “Buy” rating on Friday, October 30 by Stifel Nicolaus.
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 2016 Q2. 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.
Trexquant Investment Limited Partnership, a Connecticut-based fund reported 15,678 shares. Citadel Advsr Ltd has invested 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). Gsa Prtnrs Llp has 205,957 shares for 0.1% of their US portfolio. Phoenix Invest Adviser Ltd Llc holds 1.2% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 147,000 shares. Grp Inc Incorporated last reported 0% of its portfolio in the stock. Lucus Advisors Limited Liability has invested 0.28% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW). Swiss National Bank & Trust, a Switzerland-based fund reported 51,400 shares. Moreover, Grp Incorporated One Trading Limited Partnership has 0.01% invested in YRC Worldwide Inc (NASDAQ:YRCW) for 49,755 shares. Waddell & Reed Finance Incorporated has 0.02% invested in the company for 1.34M shares. Voya Inv Management Limited has 14,568 shares for 0% of their US portfolio. Teacher Retirement Systems Of Texas last reported 3,912 shares in the company. The Illinois-based Northern Tru has invested 0% in YRC Worldwide Inc (NASDAQ:YRCW). Moreover, Lasry Marc has 9.88% invested in YRC Worldwide Inc (NASDAQ:YRCW) for 4.80 million shares. Invesco holds 0% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 71,981 shares. Mufg Americas Corp holds 0% or 1,368 shares in its portfolio.
Insider Transactions: Since August 2, 2016, the stock had 0 buys, and 8 sales for $1.86 million net activity. Another trade for 10,000 shares valued at $114,400 was sold by Ware Scott D.. The insider WELCH JAMES L sold 42,346 shares worth $521,703. The insider Hall Justin M. sold 2,200 shares worth $25,410. 18,896 shares were sold by Hawkins Darren, worth $219,005 on Tuesday, August 2. Pierson Jamie G. sold $552,720 worth of stock. 14,411 YRC Worldwide Inc (NASDAQ:YRCW) shares with value of $172,500 were sold by O’Connor Thomas Joseph III.
More recent YRC Worldwide Inc (NASDAQ:YRCW) news were published by: Fool.com which released: “Why YRC Worldwide Inc Shares Got Crushed” on February 05, 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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