SG Americas Securities LLC Grows Stake in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT)

SG Americas Securities LLC grew its holdings in Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) by 20.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,809 shares of the company’s stock after buying an additional 2,492 shares during the quarter. SG Americas Securities LLC’s holdings in Radiant Logistics were worth $99,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RLGT. AQR Capital Management LLC purchased a new stake in Radiant Logistics in the 2nd quarter worth approximately $145,000. The Manufacturers Life Insurance Company lifted its stake in shares of Radiant Logistics by 27.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,255 shares of the company’s stock valued at $92,000 after purchasing an additional 3,533 shares during the period. Royce & Associates LP lifted its stake in shares of Radiant Logistics by 15.4% in the 3rd quarter. Royce & Associates LP now owns 1,748,216 shares of the company’s stock valued at $11,241,000 after purchasing an additional 233,244 shares during the period. Empowered Funds LLC lifted its stake in shares of Radiant Logistics by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 205,373 shares of the company’s stock valued at $1,321,000 after purchasing an additional 10,452 shares during the period. Finally, Seizert Capital Partners LLC lifted its stake in shares of Radiant Logistics by 30.2% in the 3rd quarter. Seizert Capital Partners LLC now owns 58,408 shares of the company’s stock valued at $376,000 after purchasing an additional 13,540 shares during the period. Hedge funds and other institutional investors own 53.59% of the company’s stock.

Radiant Logistics Price Performance

RLGT opened at $7.17 on Thursday. Radiant Logistics, Inc. has a 52 week low of $4.83 and a 52 week high of $7.94. The company has a market capitalization of $336.42 million, a PE ratio of 42.18 and a beta of 0.87.

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. Radiant Logistics had a return on equity of 11.48% and a net margin of 1.06%. The company had revenue of $203.57 million during the quarter.

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.