Barclays PLC Has $558,000 Position in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT)

Barclays PLC raised its position in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 60.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,842 shares of the company’s stock after buying an additional 32,556 shares during the quarter. Barclays PLC owned 0.19% of Radiant Logistics worth $558,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RLGT. Royce & Associates LP raised its stake in Radiant Logistics by 15.4% during the third quarter. Royce & Associates LP now owns 1,748,216 shares of the company’s stock worth $11,241,000 after acquiring an additional 233,244 shares in the last quarter. FMR LLC grew its holdings in shares of Radiant Logistics by 877.2% during the 3rd quarter. FMR LLC now owns 1,490,354 shares of the company’s stock valued at $9,583,000 after purchasing an additional 1,337,841 shares during the last quarter. Meros Investment Management LP increased its position in Radiant Logistics by 1.7% during the 2nd quarter. Meros Investment Management LP now owns 1,154,390 shares of the company’s stock worth $6,568,000 after purchasing an additional 19,306 shares in the last quarter. State Street Corp lifted its stake in Radiant Logistics by 0.9% in the 3rd quarter. State Street Corp now owns 739,594 shares of the company’s stock valued at $4,756,000 after purchasing an additional 6,655 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in Radiant Logistics by 5.4% in the third quarter. Empowered Funds LLC now owns 205,373 shares of the company’s stock valued at $1,321,000 after buying an additional 10,452 shares in the last quarter. 53.59% of the stock is owned by institutional investors and hedge funds.

Radiant Logistics Price Performance

Radiant Logistics stock opened at $6.60 on Friday. The company has a market capitalization of $309.67 million, a PE ratio of 38.82 and a beta of 0.86. Radiant Logistics, Inc. has a 1 year low of $4.83 and a 1 year high of $7.78.

Radiant Logistics (NYSEAMERICAN:RLGT) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The business had revenue of $203.57 million during the quarter. Radiant Logistics had a return on equity of 11.48% and a net margin of 1.06%.

About Radiant Logistics

Radiant Logistics, Inc, a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.