Engineers Gate Manager LP raised its stake in YRC Worldwide Inc (NASDAQ:YRCW) by 139.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,878 shares of the transportation company’s stock after purchasing an additional 37,835 shares during the period. Engineers Gate Manager LP owned about 0.19% of YRC Worldwide worth $895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of YRCW. Vanguard Group Inc. raised its position in YRC Worldwide by 29.7% in the 1st quarter. Vanguard Group Inc. now owns 2,174,693 shares of the transportation company’s stock valued at $23,943,000 after purchasing an additional 497,565 shares in the last quarter. Geode Capital Management LLC raised its position in YRC Worldwide by 10.6% in the 1st quarter. Geode Capital Management LLC now owns 262,040 shares of the transportation company’s stock valued at $2,885,000 after purchasing an additional 25,114 shares in the last quarter. Aperio Group LLC acquired a new stake in YRC Worldwide in the 2nd quarter valued at about $193,000. Schwab Charles Investment Management Inc. raised its position in YRC Worldwide by 27.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 228,829 shares of the transportation company’s stock valued at $2,545,000 after purchasing an additional 49,092 shares in the last quarter. Finally, Rhumbline Advisers raised its position in YRC Worldwide by 2.2% in the 2nd quarter. Rhumbline Advisers now owns 39,456 shares of the transportation company’s stock valued at $439,000 after purchasing an additional 850 shares in the last quarter. 85.45% of the stock is currently owned by institutional investors.

In other YRC Worldwide news, insider Justin M. Hall acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were acquired at an average price of $11.09 per share, for a total transaction of $55,450.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO James L. Welch sold 100,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $12.24, for a total value of $1,224,000.00. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

YRCW has been the topic of a number of analyst reports. Zacks Investment Research lowered YRC Worldwide from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 8th. ValuEngine downgraded YRC Worldwide from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Aegis reiterated a “buy” rating and issued a $20.00 price objective on shares of YRC Worldwide in a report on Saturday, September 16th. BidaskClub downgraded YRC Worldwide from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $18.00 price objective (down previously from $19.00) on shares of YRC Worldwide in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. YRC Worldwide currently has a consensus rating of “Hold” and an average price target of $16.00.

YRC Worldwide Inc (NASDAQ:YRCW) opened at $14.70 on Thursday. YRC Worldwide Inc has a 1-year low of $7.36 and a 1-year high of $15.79. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of -2.26.

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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.

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

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