Insider Selling: Schneider National, Inc. (NYSE:SNDR) CAO Sells 6,250 Shares of Stock

Schneider National, Inc. (NYSE:SNDR - Get Free Report) CAO Robert M. Reich, Jr. sold 6,250 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were 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 directly owns 155,366 shares in the company, valued at approximately $4,923,548.54. The trade was a 3.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Schneider National Trading Down 0.1 %

NYSE:SNDR traded down $0.04 during trading hours on Friday, hitting $31.47. 586,820 shares of the stock were exchanged, compared to its average volume of 830,634. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a market capitalization of $5.51 billion, a P/E ratio of 50.76, a price-to-earnings-growth ratio of 3.33 and a beta of 0.90. The company's 50 day moving average is $29.65 and its two-hundred day moving average is $26.75. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, sell-side analysts anticipate that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid 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 dividend yield of 1.21%. Schneider National's dividend payout ratio (DPR) is currently 61.29%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SNDR shares. JPMorgan Chase & Co. cut their target price on Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. Citigroup cut 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. The Goldman Sachs Group lowered their target price on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday, October 9th. Susquehanna cut their price target on shares of Schneider National from $29.00 to $26.00 and set a "neutral" rating for the company in a report on Thursday, November 7th. Finally, Benchmark upped their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Schneider National currently has an average rating of "Hold" and a consensus price target of $29.08.

Institutional Trading of Schneider National

Hedge funds have recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of Schneider National during the 2nd quarter worth approximately $53,000. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National during the third quarter worth approximately $73,000. Quarry LP bought a new position in Schneider National during the 3rd quarter worth $90,000. SG Americas Securities LLC acquired a new position in Schneider National in the 3rd quarter valued at $109,000. Finally, Hills Bank & Trust Co bought a new stake in shares of Schneider National during the 3rd quarter valued at $112,000. 28.54% of the stock is owned by institutional investors and hedge funds.

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.