Schneider National, Inc. (NYSE:SNDR) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC cut its stake in Schneider National, Inc. (NYSE:SNDR) by 9.7% in the fourth quarter, Holdings Channel reports. The fund owned 95,018 shares of the company’s stock after selling 10,241 shares during the period. Great Lakes Advisors LLC’s holdings in Schneider National were worth $2,782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC increased its stake in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. grew its holdings in shares of Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Schneider National during the 4th quarter worth $59,000. Finally, Quarry LP purchased a new position in shares of Schneider National during the 3rd quarter worth $90,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

SNDR stock opened at $23.76 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm has a market capitalization of $4.17 billion, a P/E ratio of 36.55, a P/E/G ratio of 0.54 and a beta of 0.87. The business’s 50-day moving average is $27.92 and its two-hundred day moving average is $28.74. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period last year, the company posted $0.16 EPS. Analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio is currently 58.46%.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 32.68% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SNDR. Bank of America increased their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. lowered their price target on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Stifel Nicolaus increased their price target on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. TD Cowen increased their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, Susquehanna raised their target price on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $30.85.

Schneider National 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.