Raymond James Financial Inc. Buys Shares of 182,685 Schneider National, Inc. (NYSE:SNDR)

Raymond James Financial Inc. bought a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 182,685 shares of the company's stock, valued at approximately $5,349,000. Raymond James Financial Inc. owned 0.10% of Schneider National as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in shares of Schneider National by 18.4% in the third quarter. Geode Capital Management LLC now owns 746,272 shares of the company's stock worth $21,305,000 after purchasing an additional 115,814 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Schneider National by 13.6% during the third quarter. Franklin Resources Inc. now owns 21,734 shares of the company's stock valued at $603,000 after purchasing an additional 2,594 shares in the last quarter. Principal Financial Group Inc. purchased a new position in Schneider National during the third quarter worth about $6,327,000. GAMMA Investing LLC grew its position in 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 purchasing an additional 450 shares in the last quarter. Finally, Future Financial Wealth Managment LLC purchased a new stake in Schneider National in the 4th quarter valued at about $59,000. 28.54% of the stock is owned by institutional investors.

Schneider National Trading Down 1.2 %

NYSE:SNDR traded down $0.27 during trading hours on Tuesday, reaching $21.69. The company's stock had a trading volume of 782,047 shares, compared to its average volume of 816,357. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a 1 year low of $20.61 and a 1 year high of $33.90. The firm has a 50-day simple moving average of $23.62 and a 200-day simple moving average of $27.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 firm posted $0.16 earnings per share. Research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Wednesday, April 9th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.75%. Schneider National's dividend payout ratio is presently 58.46%.

Analysts Set New Price Targets

A number of brokerages recently commented on SNDR. Benchmark dropped their price target on Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Wells Fargo & Company dropped their target price on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 27th. Citigroup raised Schneider National from a "sell" rating to a "neutral" rating and decreased their price objective for the stock from $25.00 to $23.00 in a report on Tuesday, April 8th. Stifel Nicolaus dropped their price target on shares of Schneider National from $30.00 to $25.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Finally, National Bankshares set a $25.00 target price on shares of Schneider National in a report on Friday, March 28th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $26.93.

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.