Schneider National, Inc. (NYSE:SNDR) Shares Sold by Amalgamated Bank

Amalgamated Bank cut its position in shares of Schneider National, Inc. (NYSE:SNDR) by 21.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,264 shares of the company’s stock after selling 2,303 shares during the quarter. Amalgamated Bank’s holdings in Schneider National were worth $200,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Schneider National by 10.6% during the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock worth $91,964,000 after purchasing an additional 388,913 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Schneider National by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock worth $96,953,000 after acquiring an additional 228,661 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Schneider National by 10.9% in the second quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after acquiring an additional 186,857 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Schneider National by 25.5% in the fourth quarter. First Trust Advisors LP now owns 1,812,883 shares of the company’s stock worth $46,138,000 after acquiring an additional 368,920 shares during the last quarter. Finally, Earnest Partners LLC grew its position in shares of Schneider National by 1.7% in the first quarter. Earnest Partners LLC now owns 1,725,601 shares of the company’s stock valued at $39,068,000 after purchasing an additional 29,015 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Trading Up 0.7 %

NYSE:SNDR opened at $28.54 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. Schneider National, Inc. has a one year low of $20.50 and a one year high of $29.01. The business’s 50-day simple moving average is $27.16 and its 200 day simple moving average is $24.11. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 2.61 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the firm posted $0.45 earnings per share. The company’s revenue was down 2.2% compared to the same quarter last year. As a group, sell-side analysts predict that Schneider National, Inc. will post 0.85 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, September 13th. Schneider National’s payout ratio is currently 43.18%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SNDR. Benchmark lifted their price objective on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Stifel Nicolaus downgraded Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research report on Thursday, August 8th. Susquehanna boosted their price target on Schneider National from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Bank of America downgraded Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 price target for the company. in a research report on Monday, July 22nd. Finally, Robert W. Baird boosted their price target on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $27.31.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $27.60, for a total transaction of $276,000.00. Following the sale, the insider now owns 55,726 shares in the company, valued at $1,538,037.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 32.68% of the stock is currently owned by insiders.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.