27,365 Shares in Schneider National, Inc. (NYSE:SNDR) Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 27,365 shares of the company's stock, valued at approximately $781,000.

A number of other large investors also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of Schneider National in the second quarter valued at approximately $53,000. Hilltop National Bank increased its position in shares of Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company's stock worth $74,000 after acquiring an additional 676 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Schneider National in the third quarter valued at $109,000. Covestor Ltd boosted its holdings in Schneider National by 51.9% in the first quarter. Covestor Ltd now owns 7,661 shares of the company's stock valued at $173,000 after purchasing an additional 2,617 shares during the period. Finally, FCG Investment Co purchased a new position in Schneider National in the first quarter valued at $205,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the company's stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $27.60, for a total transaction of $276,000.00. Following the completion of the sale, the insider now owns 55,726 shares in the company, valued at $1,538,037.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 18.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Evercore ISI reduced their price target on Schneider National from $28.00 to $27.00 and set an "in-line" rating on the stock in a research report on Thursday, October 3rd. Robert W. Baird raised their target price on shares of Schneider National from $26.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, August 2nd. Susquehanna boosted their price target on shares of Schneider National from $25.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday, September 26th. Benchmark raised their price objective on shares of Schneider National from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, August 2nd. Finally, Bank of America downgraded shares of Schneider National from a "neutral" rating to an "underperform" rating and set a $23.00 target price for the company. in a research note on Monday, July 22nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Schneider National presently has an average rating of "Hold" and an average target price of $27.08.

Schneider National Stock Performance

Shares of NYSE SNDR traded down $0.07 during trading hours on Friday, reaching $28.18. The stock had a trading volume of 409,731 shares, compared to its average volume of 843,127. The firm has a 50-day moving average of $27.41 and a 200-day moving average of $24.62. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 2.59 and a beta of 0.85. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $29.01.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The business had revenue of $1.32 billion during 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 was down 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 earnings per share. Equities research analysts predict that Schneider National, Inc. will post 0.84 earnings per share for the current year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 13th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.35%. Schneider National's payout ratio is 58.46%.

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.