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

Barclays PLC raised its holdings in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 60.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 86,842 shares of the company’s stock after purchasing an additional 32,556 shares during the quarter. Barclays PLC owned approximately 0.19% of Radiant Logistics worth $558,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC grew its stake in shares of Radiant Logistics by 877.2% during the third 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. Royce & Associates LP lifted its holdings in Radiant Logistics by 15.4% during the 3rd quarter. Royce & Associates LP now owns 1,748,216 shares of the company’s stock worth $11,241,000 after buying an additional 233,244 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Radiant Logistics by 15.9% during the 3rd quarter. Geode Capital Management LLC now owns 896,878 shares of the company’s stock worth $5,768,000 after buying an additional 123,198 shares in the last quarter. AQR Capital Management LLC bought a new position in Radiant Logistics in the 2nd quarter valued at $145,000. Finally, Meros Investment Management LP increased its stake in shares of Radiant Logistics by 1.7% in the 2nd quarter. Meros Investment Management LP now owns 1,154,390 shares of the company’s stock valued at $6,568,000 after buying an additional 19,306 shares during the period. Institutional investors and hedge funds own 53.59% of the company’s stock.

Radiant Logistics Stock Performance

Radiant Logistics stock opened at $6.95 on Friday. Radiant Logistics, Inc. has a 1 year low of $4.83 and a 1 year high of $7.78. The stock has a market cap of $326.09 million, a price-to-earnings ratio of 40.88 and a beta of 0.88.

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

Radiant Logistics Company Profile

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.