Prudential Financial Inc. purchased a new position in YRC Worldwide, Inc. (NASDAQ:YRCW) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,070 shares of the transportation company’s stock, valued at approximately $177,000.

Several other institutional investors also recently added to or reduced their stakes in YRCW. State Street Corp raised its position in YRC Worldwide by 49.5% in the fourth quarter. State Street Corp now owns 872,885 shares of the transportation company’s stock valued at $11,589,000 after buying an additional 288,946 shares during the last quarter. Dimensional Fund Advisors LP raised its position in YRC Worldwide by 31.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,297,173 shares of the transportation company’s stock valued at $17,227,000 after buying an additional 309,931 shares during the last quarter. Federated Investors Inc. PA raised its position in YRC Worldwide by 123.2% in the fourth quarter. Federated Investors Inc. PA now owns 27,192 shares of the transportation company’s stock valued at $361,000 after buying an additional 15,010 shares during the last quarter. FMR LLC raised its position in YRC Worldwide by 499.7% in the fourth quarter. FMR LLC now owns 988,832 shares of the transportation company’s stock valued at $13,132,000 after buying an additional 823,934 shares during the last quarter. Finally, Guggenheim Capital LLC acquired a new position in YRC Worldwide during the fourth quarter valued at approximately $252,000. 85.17% of the stock is owned by institutional investors.

YRC Worldwide, Inc. (NASDAQ:YRCW) opened at 12.38 on Friday. YRC Worldwide, Inc. has a 1-year low of $7.36 and a 1-year high of $16.97. The firm has a market capitalization of $415.10 million, a price-to-earnings ratio of 51.16 and a beta of 3.71. The company has a 50-day moving average price of $10.90 and a 200 day moving average price of $11.50.

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YRCW has been the subject of several analyst reports. Zacks Investment Research upgraded YRC Worldwide from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Deutsche Bank AG dropped their target price on YRC Worldwide from $18.00 to $11.00 and set a “hold” rating for the company in a research note on Monday, May 8th. Finally, BidaskClub upgraded YRC Worldwide from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $15.75.

YRC Worldwide Company 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.

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

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