Susquehanna International Group LLP Raises Holdings in Schneider National, Inc. (NYSE:SNDR)

Susquehanna International Group LLP grew its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 152.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 312,776 shares of the company's stock after acquiring an additional 188,920 shares during the period. Susquehanna International Group LLP owned about 0.18% of Schneider National worth $7,557,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in Schneider National by 76.5% in the 1st quarter. Russell Investments Group Ltd. now owns 281,747 shares of the company's stock worth $6,379,000 after purchasing an additional 122,077 shares in the last quarter. Tidal Investments LLC purchased a new stake in Schneider National in the first quarter worth about $468,000. BNP Paribas Financial Markets boosted its position in Schneider National by 4,602.7% during the 1st quarter. BNP Paribas Financial Markets now owns 135,862 shares of the company's stock valued at $3,076,000 after acquiring an additional 132,973 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Schneider National during the 1st quarter worth approximately $489,000. Finally, SG Americas Securities LLC raised its position in shares of Schneider National by 244.5% in the 1st quarter. SG Americas Securities LLC now owns 70,335 shares of the company's stock worth $1,592,000 after acquiring an additional 49,921 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on SNDR. Benchmark upped their price target on Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. Robert W. Baird increased their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. UBS Group boosted their price objective on shares of Schneider National from $26.00 to $28.00 and gave the stock a "buy" rating in a research note on Tuesday, July 9th. JPMorgan Chase & Co. raised their target price on shares of Schneider National from $24.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday, August 2nd. Finally, Evercore ISI lowered their target price on shares of Schneider National from $28.00 to $27.00 and set an "in-line" rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Schneider National has an average rating of "Hold" and an average target price of $27.17.

Insider Buying and Selling

In other news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction 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 owns 55,726 shares in the company, valued at $1,538,037.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 32.68% of the stock is currently owned by insiders.

Schneider National Stock Performance

Schneider National stock traded down $0.42 during midday trading on Friday, reaching $26.98. 497,132 shares of the company traded hands, compared to its average volume of 693,875. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $29.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. The business has a 50 day moving average of $27.32 and a two-hundred day moving average of $24.25. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 30.66, a price-to-earnings-growth ratio of 2.54 and a beta of 0.85.

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

Schneider National Dividend Announcement

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 $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National's dividend payout ratio (DPR) is presently 43.18%.

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.