Proficio Capital Partners LLC Acquires Shares of 34,053 Schneider National, Inc. (NYSE:SNDR)

Proficio Capital Partners LLC bought a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,053 shares of the company's stock, valued at approximately $997,000.

A number of other large investors have also recently added to or reduced their stakes in SNDR. Charles Schwab Investment Management Inc. increased its stake in Schneider National by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company's stock worth $24,070,000 after purchasing an additional 2,727 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after acquiring an additional 612 shares in the last quarter. GW&K Investment Management LLC raised its holdings in shares of Schneider National by 8.7% during the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock valued at $58,204,000 after acquiring an additional 158,505 shares during the period. QRG Capital Management Inc. boosted its stake in Schneider National by 9.0% in the 4th quarter. QRG Capital Management Inc. now owns 138,027 shares of the company's stock worth $4,041,000 after purchasing an additional 11,392 shares during the period. Finally, Versor Investments LP grew its position in Schneider National by 64.0% during the 4th quarter. Versor Investments LP now owns 18,714 shares of the company's stock worth $548,000 after purchasing an additional 7,300 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

SNDR has been the subject of a number of research analyst reports. Bank of America increased their target price on Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Susquehanna lifted their target price on Schneider National from $31.00 to $32.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. Stifel Nicolaus boosted their price objective on shares of Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. Stephens reiterated an "equal weight" rating and issued a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Wells Fargo & Company boosted their price target on shares of Schneider National from $31.00 to $32.00 and gave the company an "equal weight" rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $30.85.

Schneider National Stock Performance

NYSE SNDR traded down $0.32 during trading on Tuesday, hitting $23.39. The company's stock had a trading volume of 552,700 shares, compared to its average volume of 785,807. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The firm has a market cap of $4.10 billion, a P/E ratio of 35.98, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The firm has a 50 day moving average price of $27.24 and a 200 day moving average price of $28.61. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter in the previous year, the company posted $0.16 earnings per share. Equities research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal 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 given a $0.095 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.62%. Schneider National's dividend payout ratio (DPR) is currently 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.