Schneider National, Inc. (NYSE:SNDR) Insider Sells $290,400.00 in Stock

Schneider National, Inc. (NYSE:SNDR - Get Free Report) insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction 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. This trade represents a 9.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Schneider National Price Performance

SNDR stock traded up $0.25 during mid-day trading on Thursday, reaching $29.61. The company's stock had a trading volume of 512,365 shares, compared to its average volume of 823,226. 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's 50 day moving average is $30.37 and its two-hundred day moving average is $27.50. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The stock has a market cap of $5.19 billion, a PE ratio of 47.76, a P/E/G ratio of 3.24 and a beta of 0.89.

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

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National's dividend payout ratio is presently 61.29%.

Institutional Investors Weigh In On Schneider National

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on SNDR shares. Bank of America boosted their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Stifel Nicolaus raised their price objective on Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. The Goldman Sachs Group dropped their target price on Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. Finally, Benchmark raised their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $29.08.

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.