JPMorgan Chase & Co. lifted its position in shares of YRC Worldwide Inc (NASDAQ:YRCW) by 4.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,599,152 shares of the transportation company’s stock after buying an additional 67,132 shares during the quarter. JPMorgan Chase & Co. owned approximately 4.77% of YRC Worldwide worth $21,461,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YRCW. Vanguard Group Inc. lifted its stake in shares of YRC Worldwide by 29.7% during the 1st quarter. Vanguard Group Inc. now owns 2,174,693 shares of the transportation company’s stock valued at $23,943,000 after buying an additional 497,565 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of YRC Worldwide by 10.6% during the 1st quarter. Geode Capital Management LLC now owns 262,040 shares of the transportation company’s stock valued at $2,885,000 after buying an additional 25,114 shares in the last quarter. Aperio Group LLC purchased a new position in shares of YRC Worldwide during the 2nd quarter valued at $193,000. Schwab Charles Investment Management Inc. lifted its stake in shares of YRC Worldwide by 27.3% during 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 buying an additional 49,092 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of YRC Worldwide by 2.2% during the 2nd quarter. Rhumbline Advisers now owns 39,456 shares of the transportation company’s stock valued at $439,000 after buying an additional 850 shares in the last quarter. Institutional investors own 85.45% of the company’s stock.

Shares of YRC Worldwide Inc (YRCW) opened at $14.14 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of -2.26. YRC Worldwide Inc has a fifty-two week low of $7.36 and a fifty-two week high of $15.79.

A number of research firms recently weighed in on YRCW. BidaskClub upgraded shares of YRC Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Friday. ValuEngine cut shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Wednesday, October 25th. Aegis reiterated a “buy” rating and issued a $20.00 price target on shares of YRC Worldwide in a report on Saturday, September 16th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $18.00 price target (down from $19.00) on shares of YRC Worldwide in a report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $16.00.

In other YRC Worldwide news, CEO James L. Welch sold 100,000 shares of YRC Worldwide stock in a transaction on Monday, November 13th. The shares were sold at an average price of $12.24, for a total value of $1,224,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Justin M. Hall purchased 5,000 shares of YRC Worldwide stock in a transaction on Thursday, November 16th. The stock was bought at an average price of $11.09 per share, for a total transaction of $55,450.00. The disclosure for this purchase can be found here. 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.

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

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