BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 10.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 695,533 shares of the company's stock after acquiring an additional 65,720 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.40% of Schneider National worth $19,851,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in SNDR. Innealta Capital LLC acquired a new position in Schneider National in the second quarter valued at $53,000. DekaBank Deutsche Girozentrale purchased a new position in Schneider National in the third quarter valued at about $73,000. Hilltop National Bank increased its stake in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company's stock worth $74,000 after purchasing an additional 676 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Schneider National during the 3rd quarter worth approximately $109,000. Finally, Hills Bank & Trust Co purchased a new position in shares of Schneider National during the 3rd quarter worth approximately $112,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.
Schneider National Price Performance
Shares of Schneider National stock traded up $0.20 during mid-day trading on Friday, reaching $31.61. 677,168 shares of the stock were exchanged, compared to its average volume of 620,675. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 50.98, a price-to-earnings-growth ratio of 3.81 and a beta of 0.85. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $32.14. The firm has a 50-day simple moving average of $28.79 and a 200 day simple moving average of $26.01.
Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $1.32 billion for 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%. On average, sell-side analysts predict that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.
Schneider National Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a dividend of $0.095 per share. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.20%. Schneider National's payout ratio is 61.29%.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Evercore ISI reduced their target price on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a report on Thursday, November 7th. Citigroup downgraded shares of Schneider National from a "neutral" rating to a "sell" rating and dropped their price target for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Bank of America raised shares of Schneider National from an "underperform" rating to a "buy" rating and boosted their target price for the stock from $27.00 to $34.00 in a research report on Thursday, November 7th. Finally, Robert W. Baird boosted their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, Schneider National presently has a consensus rating of "Hold" and an average target price of $28.31.
View Our Latest Stock Analysis on SNDR
About Schneider National
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Free Report)
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.
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