Captrust Financial Advisors Increases Holdings in Schneider National, Inc. (NYSE:SNDR)

Captrust Financial Advisors boosted its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 30.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,194 shares of the company’s stock after purchasing an additional 4,968 shares during the period. Captrust Financial Advisors’ holdings in Schneider National were worth $605,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Schneider National by 15.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock worth $3,724,000 after acquiring an additional 17,573 shares during the period. Public Sector Pension Investment Board purchased a new position in shares of Schneider National during the 3rd quarter worth approximately $2,847,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Schneider National by 11.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,598 shares of the company’s stock worth $417,000 after purchasing an additional 1,465 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Schneider National by 356.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company’s stock worth $140,000 after purchasing an additional 3,822 shares in the last quarter. Finally, Goodman Financial Corp boosted its position in shares of Schneider National by 1.1% in the 3rd quarter. Goodman Financial Corp now owns 520,185 shares of the company’s stock worth $14,846,000 after purchasing an additional 5,506 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Stock Performance

SNDR stock opened at $31.56 on Thursday. The stock has a market capitalization of $5.53 billion, a PE ratio of 50.90, a price-to-earnings-growth ratio of 3.29 and a beta of 0.89. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $29.85 and its 200 day simple moving average is $26.95.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business 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%. As a group, research analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.20%. Schneider National’s payout ratio is 61.29%.

Wall Street Analyst Weigh In

SNDR has been the topic of a number of analyst reports. Bank of America boosted their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Benchmark boosted their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group dropped their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Stifel Nicolaus boosted their price target on Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $29.08.

Insider Activity

In other news, CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the transaction, the chief accounting officer now directly owns 155,366 shares of the company’s stock, valued at $4,923,548.54. This represents a 3.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,555 shares of company stock valued at $1,862,611 in the last ninety days. 18.83% of the stock is currently owned by company insiders.

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.