Deprince Race & Zollo Inc. Buys Shares of 1,244,705 Schneider National, Inc. (NYSE:SNDR)

Deprince Race & Zollo Inc. bought a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,244,705 shares of the company's stock, valued at approximately $30,072,000. Deprince Race & Zollo Inc. owned approximately 0.71% of Schneider National at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SNDR. Vanguard Group Inc. raised its stake in Schneider National by 10.6% during the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company's stock valued at $91,964,000 after purchasing an additional 388,913 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Schneider National by 6.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company's stock valued at $96,953,000 after buying an additional 228,661 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Schneider National by 1.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company's stock valued at $69,236,000 after buying an additional 30,113 shares in the last quarter. Earnest Partners LLC raised its position in shares of Schneider National by 25.5% during the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company's stock valued at $52,334,000 after buying an additional 440,545 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Schneider National by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 1,906,179 shares of the company's stock valued at $46,053,000 after buying an additional 186,857 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Schneider National Trading Up 0.7 %

Shares of NYSE:SNDR traded up $0.19 during trading on Thursday, reaching $28.06. 396,736 shares of the company were exchanged, compared to its average volume of 864,369. The firm has a market capitalization of $4.93 billion, a PE ratio of 31.89, a P/E/G ratio of 2.57 and a beta of 0.85. The business's fifty day simple moving average is $27.00 and its 200-day simple moving average is $24.02. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $28.97. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46.

Schneider National (NYSE:SNDR - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The company's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.45 earnings per share. On average, research analysts anticipate that Schneider National, Inc. will post 0.85 EPS for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Friday, September 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.35%. Schneider National's dividend payout ratio is presently 43.18%.

Insider Activity

In other news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total transaction of $276,000.00. Following the transaction, the insider now directly owns 55,726 shares in the company, valued at $1,538,037.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 32.68% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SNDR. Wells Fargo & Company began coverage on shares of Schneider National in a research report on Friday, June 7th. They set an "equal weight" rating and a $23.00 target price on the stock. Robert W. Baird upped their target price on shares of Schneider National from $26.00 to $30.00 and gave the company an "outperform" rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. upped their target price on shares of Schneider National from $24.00 to $30.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Benchmark increased their price objective on shares of Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Finally, Stifel Nicolaus lowered shares of Schneider National from a "buy" rating to a "hold" rating and set a $25.00 price objective on the stock. in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $27.31.

Schneider National 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.