New York State Common Retirement Fund Sells 369,170 Shares of Schneider National, Inc. (NYSE:SNDR)

New York State Common Retirement Fund lessened its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 24.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,122,706 shares of the company's stock after selling 369,170 shares during the period. New York State Common Retirement Fund owned approximately 0.64% of Schneider National worth $32,873,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC raised 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 buying an additional 450 shares during the last quarter. Blue Trust Inc. raised its holdings in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock valued at $46,000 after acquiring an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Schneider National in the 4th quarter worth approximately $59,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Schneider National during the third quarter valued at approximately $73,000. Finally, Quarry LP acquired a new position in shares of Schneider National in the third quarter valued at $90,000. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Up 1.0 %

SNDR 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. The company has a market cap of $4.79 billion, a price-to-earnings ratio of 42.05, a PEG ratio of 0.54 and a beta of 0.93. The firm's 50-day moving average is $29.24 and its 200-day moving average is $28.90. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting analysts' consensus estimates 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 firm earned $0.16 EPS. On average, equities research analysts expect that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

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 dividend of $0.095 per share. The ex-dividend date is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a yield of 1.39%. Schneider National's payout ratio is 58.46%.

Insiders Place Their Bets

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of Schneider National stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the sale, the chief operating officer now owns 266,887 shares in the company, valued at $8,833,959.70. The trade was a 10.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas G. Jackson sold 18,248 shares of the business's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares of the company's stock, valued at $2,200,014.82. This represents a 21.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,555 shares of company stock valued at $2,153,011. 32.68% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on SNDR. Stifel Nicolaus lifted their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Susquehanna increased their price objective on Schneider National from $31.00 to $32.00 and gave the stock a "neutral" rating in a research note on Friday, January 31st. TD Cowen boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research note 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. Finally, Evercore ISI reduced their price target on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a research report on Thursday, November 7th. 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 company's stock. Based on data from MarketBeat, Schneider National currently has an average rating of "Hold" and a consensus price target of $30.85.

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.