Public Sector Pension Investment Board Purchases New Shares in Schneider National, Inc. (NYSE:SNDR)

Public Sector Pension Investment Board purchased a new stake in Schneider National, Inc. (NYSE:SNDR - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 99,771 shares of the company's stock, valued at approximately $2,847,000. Public Sector Pension Investment Board owned approximately 0.06% of Schneider National as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SNDR. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Schneider National by 11.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,598 shares of the company's stock valued at $417,000 after buying an additional 1,465 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Schneider National by 356.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company's stock valued at $140,000 after buying an additional 3,822 shares in the last quarter. Goodman Financial Corp boosted its holdings in shares of Schneider National by 1.1% during the 3rd quarter. Goodman Financial Corp now owns 520,185 shares of the company's stock valued at $14,846,000 after buying an additional 5,506 shares in the last quarter. FMR LLC boosted its holdings in shares of Schneider National by 44.5% during the 3rd quarter. FMR LLC now owns 27,904 shares of the company's stock valued at $796,000 after buying an additional 8,593 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of Schneider National by 19.2% during the 3rd quarter. Cerity Partners LLC now owns 58,447 shares of the company's stock valued at $1,668,000 after buying an additional 9,419 shares in the last quarter. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Performance

Shares of NYSE:SNDR traded down $0.16 during mid-day trading on Wednesday, reaching $31.71. 433,798 shares of the company traded hands, compared to its average volume of 826,940. The company's 50 day moving average price is $29.44 and its 200-day moving average price is $26.58. The firm has a market cap of $5.56 billion, a PE ratio of 51.40, a PEG ratio of 3.45 and a beta of 0.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, equities analysts expect that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 annualized dividend and a yield of 1.20%. Schneider National's payout ratio is 61.29%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SNDR shares. TD Cowen boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. The Goldman Sachs Group lowered their price target on Schneider National from $26.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Benchmark lifted their price target on Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Stifel Nicolaus lifted their price target on Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Finally, Evercore ISI lowered their price target on Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $29.08.

Insiders Place Their Bets

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. This represents a 21.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the transaction, the chief operating officer now owns 266,887 shares of the company's stock, valued at $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 18.83% of the stock is currently owned by corporate insiders.

About Schneider National

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.