Empowered Funds LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,450 shares of the company's stock, valued at approximately $365,000.
A number of other institutional investors also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC boosted its position in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock worth $38,000 after acquiring an additional 450 shares in the last quarter. Blue Trust Inc. boosted its holdings in Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock valued at $46,000 after purchasing an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in Schneider National in the fourth quarter valued at approximately $59,000. DekaBank Deutsche Girozentrale purchased a new position in Schneider National in the third quarter valued at approximately $73,000. Finally, Quarry LP purchased a new stake in shares of Schneider National during the 3rd quarter worth approximately $90,000. Hedge funds and other institutional investors own 28.54% of the company's stock.
Wall Street Analysts Forecast Growth
SNDR has been the topic of a number of recent analyst reports. Bank of America increased their target price on shares of Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. TD Cowen raised their price objective on Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Stephens reiterated an "equal weight" rating and set a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Evercore ISI decreased their target price on Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a research report on Thursday, November 7th. Finally, Wells Fargo & Company lifted their price target on Schneider National from $31.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Schneider National presently has an average rating of "Hold" and an average target price of $30.85.
Check Out Our Latest Analysis on Schneider National
Schneider National Stock Performance
Schneider National stock traded up $0.27 during trading hours on Friday, reaching $27.34. 1,044,230 shares of the stock were exchanged, compared to its average volume of 810,683. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90. The stock has a market cap of $4.79 billion, a P/E ratio of 42.05, a P/E/G ratio of 0.54 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The firm's 50 day moving average is $29.24 and its 200 day moving average is $28.90.
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 net margin of 2.21% and a return on equity of 4.12%. During the same quarter in the previous year, the company earned $0.16 earnings per share. Analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.
Schneider National Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.39%. Schneider National's dividend payout ratio (DPR) is presently 58.46%.
Insider Buying and Selling
In related news, insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the sale, the insider now owns 95,191 shares of the company's stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the company's 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 transaction, the chief accounting officer now owns 155,366 shares in the company, valued at $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,555 shares of company stock valued at $2,153,011 over the last quarter. Company insiders own 32.68% of the company's stock.
Schneider National Company Profile
(
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.
Featured Articles

Before you consider Schneider National, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Schneider National wasn't on the list.
While Schneider National currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.