Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lifted its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 56.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,047 shares of the company's stock after purchasing an additional 63,587 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.10% of Schneider National worth $5,155,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in Schneider National by 52.6% during the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after buying an additional 450 shares during the period. SRS Capital Advisors Inc. boosted its stake 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 acquiring an additional 612 shares in the last quarter. Blue Trust Inc. grew its position 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 valued at $46,000 after acquiring an additional 1,350 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Schneider National in the 4th quarter valued at about $59,000. Finally, Principal Securities Inc. raised its holdings in Schneider National by 28.4% in the 4th quarter. Principal Securities Inc. now owns 4,626 shares of the company's stock worth $135,000 after purchasing an additional 1,022 shares during the period. 28.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on SNDR shares. Bank of America reissued a "neutral" rating and issued a $25.00 price objective (down from $34.00) on shares of Schneider National in a report on Friday, March 28th. Stephens reissued an "equal weight" rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. National Bankshares set a $25.00 target price on shares of Schneider National in a research note on Friday, March 28th. Finally, Stifel Nicolaus raised their price target on shares of Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $27.79.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.19 on Friday, hitting $22.27. 715,156 shares of the company were exchanged, compared to its average volume of 820,682. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.90. 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 $3.91 billion, a price-to-earnings ratio of 34.26, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. The company has a 50-day moving average price of $24.92 and a 200 day moving average price of $28.03.

Schneider National (NYSE:SNDR - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting 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 in the previous year, the company posted $0.16 earnings per share. As a group, sell-side analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.71%. Schneider National's payout ratio is 58.46%.

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.