Schwab Charles Investment Management Inc. raised its position in shares of Roadrunner Transportation Systems, Inc (NYSE:RRTS) by 11.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 460,752 shares of the transportation company’s stock after acquiring an additional 46,567 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Roadrunner Transportation Systems were worth $4,391,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of RRTS. Dynamic Technology Lab Private Ltd bought a new stake in shares of Roadrunner Transportation Systems during the second quarter worth approximately $101,000. Arizona State Retirement System boosted its holdings in shares of Roadrunner Transportation Systems by 0.6% during the second quarter. Arizona State Retirement System now owns 15,828 shares of the transportation company’s stock worth $115,000 after acquiring an additional 100 shares during the period. Thrivent Financial For Lutherans boosted its holdings in shares of Roadrunner Transportation Systems by 5.0% during the second quarter. Thrivent Financial For Lutherans now owns 18,270 shares of the transportation company’s stock worth $133,000 after acquiring an additional 870 shares during the period. Stevens Capital Management LP bought a new stake in shares of Roadrunner Transportation Systems during the second quarter worth approximately $136,000. Finally, BNP Paribas Arbitrage SA raised its position in shares of Roadrunner Transportation Systems by 59.0% in the third quarter. BNP Paribas Arbitrage SA now owns 17,599 shares of the transportation company’s stock valued at $168,000 after buying an additional 6,533 shares in the last quarter. Institutional investors own 72.59% of the company’s stock.

Shares of Roadrunner Transportation Systems, Inc (RRTS) opened at $8.26 on Friday. Roadrunner Transportation Systems, Inc has a 1 year low of $6.05 and a 1 year high of $11.88. The firm has a market cap of $300.59, a P/E ratio of 12.52 and a beta of 0.88.

RRTS has been the subject of a number of analyst reports. BidaskClub upgraded shares of Roadrunner Transportation Systems from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 25th. TheStreet downgraded shares of Roadrunner Transportation Systems from a “b-” rating to a “c+” rating in a research report on Thursday, November 16th. Robert W. Baird reiterated a “hold” rating and issued a $8.00 price target on shares of Roadrunner Transportation Systems in a research report on Wednesday, November 1st. Finally, ValuEngine upgraded shares of Roadrunner Transportation Systems from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st.

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Roadrunner Transportation Systems Profile

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

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Institutional Ownership by Quarter for Roadrunner Transportation Systems (NYSE:RRTS)

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