Empowered Funds LLC Acquires 10,532 Shares of Radiant Logistics, Inc. (NYSEAMERICAN:RLGT)

Empowered Funds LLC raised its stake in shares of Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 5.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 215,905 shares of the company’s stock after purchasing an additional 10,532 shares during the period. Empowered Funds LLC owned approximately 0.46% of Radiant Logistics worth $1,447,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. FMR LLC lifted its position 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 worth $9,583,000 after buying an additional 1,337,841 shares in the last quarter. Royce & Associates LP increased its position in shares of Radiant Logistics by 15.4% during the third quarter. Royce & Associates LP now owns 1,748,216 shares of the company’s stock valued at $11,241,000 after acquiring an additional 233,244 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Radiant Logistics by 15.9% during the third quarter. Geode Capital Management LLC now owns 896,878 shares of the company’s stock worth $5,768,000 after acquiring an additional 123,198 shares during the period. Barclays PLC boosted its position in Radiant Logistics by 60.0% in the third quarter. Barclays PLC now owns 86,842 shares of the company’s stock worth $558,000 after purchasing an additional 32,556 shares during the last quarter. Finally, Seizert Capital Partners LLC boosted its position in Radiant Logistics by 30.2% in the third quarter. Seizert Capital Partners LLC now owns 58,408 shares of the company’s stock worth $376,000 after purchasing an additional 13,540 shares during the last quarter. Institutional investors and hedge funds own 53.59% of the company’s stock.

Radiant Logistics Trading Up 1.4 %

Radiant Logistics stock opened at $7.30 on Monday. Radiant Logistics, Inc. has a 12 month low of $4.83 and a 12 month high of $7.94. The company has a market capitalization of $342.52 million, a P/E ratio of 42.94 and a beta of 0.87.

Radiant Logistics 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.