Hotchkis & Wiley Capital Management LLC Buys New Position in Schneider National, Inc. (NYSE:SNDR)

Hotchkis & Wiley Capital Management LLC bought a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 320,850 shares of the company's stock, valued at approximately $9,157,000. Hotchkis & Wiley Capital Management LLC owned approximately 0.18% of Schneider National at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new stake in shares of Schneider National during the third quarter worth about $345,000. Concentric Capital Strategies LP bought a new position in Schneider National in the 3rd quarter worth approximately $696,000. Captrust Financial Advisors grew its holdings in Schneider National by 30.6% during the 3rd quarter. Captrust Financial Advisors now owns 21,194 shares of the company's stock valued at $605,000 after buying an additional 4,968 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Schneider National by 15.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company's stock valued at $3,724,000 after buying an additional 17,573 shares during the last quarter. Finally, Public Sector Pension Investment Board purchased a new position in shares of Schneider National in the third quarter worth $2,847,000. Institutional investors own 28.54% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. 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 note on Thursday, November 7th. Evercore ISI reduced their target price on Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a report on Thursday, November 7th. Susquehanna dropped their price target on 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 lifted their price objective on Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. Finally, Stifel Nicolaus increased their target price on Schneider National from $25.00 to $27.00 and gave the company a "hold" rating in a research report on Monday, November 11th. 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 company's stock. Based on data from MarketBeat, Schneider National currently has an average rating of "Hold" and a consensus target price of $29.08.

Schneider National Trading Down 1.1 %

NYSE:SNDR traded down $0.36 during mid-day trading on Thursday, hitting $31.51. 605,485 shares of the stock traded hands, compared to its average volume of 827,413. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 51.40, a PEG ratio of 3.32 and a beta of 0.90. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The firm's 50 day moving average is $29.52 and its two-hundred day moving average is $26.62.

Schneider National (NYSE:SNDR - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.33 billion. On average, equities research analysts predict that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Friday, December 13th. Schneider National's dividend payout ratio is presently 61.29%.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Mark B. Rourke sold 32,057 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the completion of the transaction, the chief operating officer now directly owns 266,887 shares of the company's stock, valued at $8,833,959.70. This trade represents a 10.72 % decrease in their position. The disclosure for this sale can be found here. 32.68% of the stock is owned by company insiders.

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.