34,053 Shares in Schneider National, Inc. (NYSE:SNDR) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 34,053 shares of the company's stock, valued at approximately $997,000.

Several other hedge funds have also recently made changes to their positions in the business. GAMMA Investing LLC boosted its holdings in Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after acquiring an additional 450 shares in the last quarter. Truist Financial Corp grew its stake in Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after purchasing an additional 528 shares during the period. Exchange Traded Concepts LLC raised its holdings in Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock worth $822,000 after purchasing an additional 710 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of Schneider National by 28.4% during the 4th quarter. Principal Securities Inc. now owns 4,626 shares of the company's stock valued at $135,000 after buying an additional 1,022 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock worth $46,000 after buying an additional 1,350 shares during the period. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Performance

Shares of NYSE SNDR traded down $1.09 during trading on Tuesday, hitting $24.35. The company had a trading volume of 1,148,037 shares, compared to its average volume of 802,836. The stock has a 50 day simple moving average of $28.36 and a 200 day simple moving average of $28.85. The firm has a market capitalization of $4.27 billion, a P/E ratio of 37.45, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $33.90.

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Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share 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 company earned $0.16 earnings per share. As a group, analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National's dividend payout ratio (DPR) is 58.46%.

Analyst Upgrades and Downgrades

SNDR has been the topic of several recent research reports. Susquehanna upped their price target on Schneider National from $31.00 to $32.00 and gave the stock a "neutral" rating in a research note on Friday, January 31st. Citigroup downgraded shares of Schneider National from a "neutral" rating to a "sell" rating and reduced their price target for the company from $32.00 to $30.00 in a research report on Tuesday, November 12th. Wells Fargo & Company lifted their target price on Schneider National from $31.00 to $32.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. JPMorgan Chase & Co. dropped their price objective on Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Finally, Stephens restated an "equal weight" rating and set a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $30.85.

Insider Activity at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. The trade was a 9.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 32.68% of the stock is owned by corporate insiders.

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.