First Trust Advisors LP Acquires 1,028,789 Shares of Schneider National, Inc. (NYSE:SNDR)

First Trust Advisors LP raised its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 87.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,200,452 shares of the company's stock after acquiring an additional 1,028,789 shares during the period. First Trust Advisors LP owned approximately 1.26% of Schneider National worth $64,429,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Schneider National by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock worth $127,940,000 after purchasing an additional 172,418 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock valued at $72,320,000 after buying an additional 306,275 shares in the last quarter. GW&K Investment Management LLC lifted its position in Schneider National by 8.7% in the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock worth $58,204,000 after buying an additional 158,505 shares during the last quarter. Copeland Capital Management LLC boosted its stake in Schneider National by 2.4% in the fourth quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company's stock worth $47,521,000 after buying an additional 38,796 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Schneider National by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company's stock worth $24,070,000 after acquiring an additional 2,727 shares in the last quarter. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Up 1.3 %

Shares of Schneider National stock opened at $22.31 on Wednesday. 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, Inc. has a 12-month low of $20.61 and a 12-month high of $33.90. The company has a market cap of $3.92 billion, a P/E ratio of 34.32, a PEG ratio of 0.54 and a beta of 1.10. The company's fifty day simple moving average is $24.03 and its two-hundred day simple moving average is $27.75.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly 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 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 EPS. Research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.70%. Schneider National's dividend payout ratio is presently 58.46%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SNDR. Bank of America reaffirmed a "neutral" rating and issued a $25.00 price objective (down previously from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Stephens reaffirmed an "equal weight" rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. National Bankshares set a $25.00 price objective on Schneider National in a report on Friday, March 28th. JPMorgan Chase & Co. dropped their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Stifel Nicolaus decreased their price target on Schneider National from $30.00 to $25.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Schneider National presently has a consensus rating of "Hold" and an average price target of $26.93.

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.

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