Institutional Investors Are Crazy For Roadrunner Transportation Systems Inc (NYSE:RRTS)

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Logo

Sentiment for Roadrunner Transportation Systems Inc (NYSE:RRTS)

Roadrunner Transportation Systems Inc (NYSE:RRTS) institutional sentiment increased to 1.71 in 2019 Q1. Its up 1.45, from 0.26 in 2018Q4. The ratio is better, as 24 active investment managers opened new or increased holdings, while 14 sold and trimmed stakes in Roadrunner Transportation Systems Inc. The active investment managers in our partner’s database now possess: 29.56 million shares, up from 5.79 million shares in 2018Q4. Also, the number of active investment managers holding Roadrunner Transportation Systems Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 8 Increased: 14 New Position: 10.

Roadrunner Transportation Systems, Inc. provides asset-light transportation and logistics services. The company has market cap of $302.80 million. The firm operates through three divisions: Truckload Logistics , Less-than-Truckload (LTL), and Global Solutions. It currently has negative earnings. The companyÂ’s TL segment arranges pickup, delivery, freight consolidation, and inventory management of TL freight through its network of 48 TL service centers, 4 freight consolidation and inventory management centers, 23 firm dispatch offices, and approximately 100 independent brokerage agents in the United States and Canada.

The stock increased 7.47% or $0.56 during the last trading session, reaching $8.06. About 25,151 shares traded. Roadrunner Transportation Systems, Inc. (NYSE:RRTS) has declined 82.38% since August 16, 2018 and is downtrending. It has underperformed by 82.38% the S&P500.

Amica Mutual Insurance Co holds 0.72% of its portfolio in Roadrunner Transportation Systems, Inc. for 13.67 million shares. Amica Retiree Medical Trust owns 1.92 million shares or 0.71% of their US portfolio. Moreover, Annex Advisory Services Llc has 0% invested in the company for 50,896 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 87,536 shares.

Since January 1, 0001, it had 21 buys, and 0 insider sales for $849,720 activity.

More notable recent Roadrunner Transportation Systems, Inc. (NYSE:RRTS) news were published by: Prnewswire.com which released: “Roadrunner Transportation Systems Announces Formation of Roadrunner Temperature Controlled – PR Newswire” on March 09, 2017, also Benzinga.com with their article: “Roadrunner Sells Off After Tough Quarter, Call Focuses On The Turnaround – Benzinga” published on May 07, 2019, Seekingalpha.com published: “Roadrunner Plays Too Challenging A Game – Seeking Alpha” on August 13, 2019. More interesting news about Roadrunner Transportation Systems, Inc. (NYSE:RRTS) were released by: Fool.com and their article: “What Happened With Roadrunner Transportation Today – Motley Fool” published on March 19, 2019 as well as Businesswire.com‘s news article titled: “Roadrunner Transportation Systems Reports Third Quarter Operating Results – Business Wire” with publication date: November 07, 2018.

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Institutional Positions Chart

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