Schneider National, Inc. (NYSE:SNDR) EVP Thomas G. Jackson Sells 18,248 Shares

Schneider National, Inc. (NYSE:SNDR) EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares of the company’s stock, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Schneider National Stock Performance

NYSE:SNDR opened at $33.11 on Tuesday. The firm has a market capitalization of $5.80 billion, a PE ratio of 53.40, a price-to-earnings-growth ratio of 2.91 and a beta of 0.85. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The firm has a 50-day moving average price of $29.26 and a 200 day moving average price of $26.44.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. Research analysts anticipate that Schneider National, Inc. will post 0.7 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 Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Friday, December 13th. Schneider National’s payout ratio is 61.29%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SNDR. The Manufacturers Life Insurance Company boosted its stake in Schneider National by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in Schneider National by 3.2% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock worth $451,000 after acquiring an additional 618 shares during the last quarter. Hilltop National Bank increased its position in Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Schneider National by 1.7% in the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock worth $1,265,000 after acquiring an additional 958 shares during the last quarter. Finally, Comerica Bank lifted its position in shares of Schneider National by 11.8% during the first quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares in the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on SNDR shares. Bank of America upped their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus increased their price target on Schneider National from $25.00 to $27.00 and gave the company a “hold” rating in a report on Monday, November 11th. Susquehanna reduced their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Benchmark raised their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. cut their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $29.08.

About Schneider National

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.