GW&K Investment Management LLC Purchases 158,505 Shares of Schneider National, Inc. (NYSE:SNDR)

GW&K Investment Management LLC raised its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 8.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,987,843 shares of the company's stock after purchasing an additional 158,505 shares during the quarter. GW&K Investment Management LLC owned 1.13% of Schneider National worth $58,204,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of 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 acquiring an additional 450 shares in the last quarter. Blue Trust Inc. boosted its stake in 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 purchasing an additional 1,350 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Schneider National in the 4th quarter worth $59,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Schneider National in the third quarter worth $73,000. Finally, Quarry LP bought a new position in shares of Schneider National during the third quarter valued at $90,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Susquehanna lifted their price objective on Schneider National from $31.00 to $32.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. TD Cowen lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Stifel Nicolaus increased their price objective on shares of Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Finally, Benchmark increased their price target on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Schneider National presently has an average rating of "Hold" and an average price target of $30.85.

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Schneider National Stock Performance

SNDR traded down $0.66 during midday trading on Tuesday, reaching $25.40. The company had a trading volume of 742,595 shares, compared to its average volume of 804,404. 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 company has a market cap of $4.46 billion, a P/E ratio of 39.07, a P/E/G ratio of 0.54 and a beta of 0.93. The business has a 50-day moving average of $28.77 and a two-hundred day moving average of $28.90.

Schneider National (NYSE:SNDR - Get Free Report) last released its 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 period last year, the business posted $0.16 earnings per share. As a group, equities research 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 will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National's dividend payout ratio is currently 58.46%.

Insiders Place Their Bets

In other news, insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, 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 can be accessed through this hyperlink. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the firm's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the transaction, the chief accounting officer now directly owns 155,366 shares of the company's stock, 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. 32.68% of the stock is currently owned by company insiders.

Schneider National Company 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.