Barclays PLC Has $631,000 Stock Position in Schneider National, Inc. (NYSE:SNDR)

Barclays PLC cut its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 59.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,118 shares of the company's stock after selling 32,023 shares during the period. Barclays PLC's holdings in Schneider National were worth $631,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SNDR. Geode Capital Management LLC grew its stake in shares of Schneider National by 18.4% during the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company's stock worth $21,305,000 after acquiring an additional 115,814 shares in the last quarter. MML Investors Services LLC boosted its holdings in Schneider National by 12.9% during the third quarter. MML Investors Services LLC now owns 26,987 shares of the company's stock worth $770,000 after purchasing an additional 3,093 shares during the last quarter. Orion Portfolio Solutions LLC grew its position in Schneider National by 52.1% in the third quarter. Orion Portfolio Solutions LLC now owns 55,207 shares of the company's stock valued at $1,576,000 after purchasing an additional 18,908 shares in the last quarter. State Street Corp increased its stake in Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company's stock valued at $49,545,000 after buying an additional 743,800 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in Schneider National by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 98,155 shares of the company's stock worth $2,801,000 after buying an additional 6,415 shares in the last quarter. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Performance

Shares of NYSE:SNDR traded down $0.99 on Friday, hitting $29.74. The company had a trading volume of 2,701,945 shares, compared to its average volume of 855,568. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 47.97, a P/E/G ratio of 1.76 and a beta of 0.93. The stock has a 50 day moving average price of $30.64 and a 200 day moving average price of $28.21. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year 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.

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

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.28%. Schneider National's dividend payout ratio (DPR) is currently 61.29%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SNDR shares. TD Cowen raised their price objective on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Evercore ISI decreased their price target on Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a research note on Thursday, November 7th. 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. Citigroup downgraded Schneider National from a "neutral" rating to a "sell" rating and cut their price objective for the company from $32.00 to $30.00 in a report on Tuesday, November 12th. Finally, Stifel Nicolaus boosted their target price on shares of Schneider National from $27.00 to $28.00 and gave the stock a "hold" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $29.15.

Insider Buying and Selling

In related news, EVP Thomas G. Jackson sold 18,248 shares of the firm's stock in a transaction dated 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 of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of Schneider National stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the completion of the sale, the chief accounting officer now owns 155,366 shares of the company's stock, valued at $4,923,548.54. This trade represents a 3.87 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,555 shares of company stock valued at $2,153,011. Insiders own 18.83% of the company's stock.

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.