Natixis Advisors LLC Has $642,000 Stake in Schneider National, Inc. (NYSE:SNDR)

Natixis Advisors LLC boosted its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 9.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,578 shares of the company’s stock after buying an additional 2,250 shares during the quarter. Natixis Advisors LLC’s holdings in Schneider National were worth $642,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Schneider National by 10.6% during the 1st 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 grew its position in shares of Schneider National by 4.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock worth $86,675,000 after buying an additional 130,426 shares during the period. First Trust Advisors LP increased its stake in shares of Schneider National by 25.5% in the 4th quarter. First Trust Advisors LP now owns 1,812,883 shares of the company’s stock valued at $46,138,000 after acquiring an additional 368,920 shares in the last quarter. Earnest Partners LLC lifted its position in shares of Schneider National by 1.7% during the 1st quarter. Earnest Partners LLC now owns 1,725,601 shares of the company’s stock valued at $39,068,000 after acquiring an additional 29,015 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Schneider National by 0.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,649,481 shares of the company’s stock valued at $41,979,000 after purchasing an additional 7,806 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

Schneider National stock opened at $27.16 on Friday. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $28.97. The company’s 50 day moving average price is $26.20 and its two-hundred day moving average price is $23.68. The stock has a market cap of $4.77 billion, a P/E ratio of 30.86, a P/E/G ratio of 2.46 and a beta of 0.85. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. Schneider National’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.45 earnings per share. On average, equities analysts predict that Schneider National, Inc. will post 0.85 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 13th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.38 annualized dividend and a yield of 1.40%. Schneider National’s payout ratio is currently 43.18%.

Wall Street Analyst Weigh In

SNDR has been the subject of several recent research reports. Bank of America downgraded Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 price objective for the company. in a report on Monday, July 22nd. Stifel Nicolaus downgraded shares of Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price objective on the stock. in a report on Thursday, August 8th. JPMorgan Chase & Co. raised their price objective on shares of Schneider National from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Robert W. Baird upped their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, Benchmark lifted their price target on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. One investment 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’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $27.00.

Insider Buying and Selling

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