Quantbot Technologies LP Takes Position in Schneider National, Inc. (NYSE:SNDR)

Quantbot Technologies LP acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 55,366 shares of the company's stock, valued at approximately $1,621,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Victory Capital Management Inc. grew its position in shares of Schneider National by 12.1% in the 3rd quarter. Victory Capital Management Inc. now owns 77,351 shares of the company's stock worth $2,208,000 after buying an additional 8,328 shares during the period. Natixis Advisors LLC boosted its stake in Schneider National by 23.9% during the third quarter. Natixis Advisors LLC now owns 32,937 shares of the company's stock worth $940,000 after acquiring an additional 6,359 shares in the last quarter. Mutual of America Capital Management LLC purchased a new stake in Schneider National in the third quarter worth about $202,000. Commerce Bank increased its stake in shares of Schneider National by 87.9% during the third quarter. Commerce Bank now owns 16,075 shares of the company's stock valued at $459,000 after purchasing an additional 7,520 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Schneider National by 11.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 819,333 shares of the company's stock valued at $23,384,000 after purchasing an additional 83,439 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Susquehanna reduced their price objective on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research report on Wednesday. Bank of America reaffirmed a "neutral" rating and issued a $25.00 price target (down previously from $34.00) on shares of Schneider National in a research report on Friday. JPMorgan Chase & Co. cut their price objective on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Wells Fargo & Company decreased their target price on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Stephens reiterated an "equal weight" rating and set a $30.00 price target (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $28.69.

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Schneider National Stock Performance

Schneider National stock traded down $0.86 during mid-day trading on Friday, reaching $22.61. 819,728 shares of the stock traded hands, compared to its average volume of 814,880. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The business's 50-day moving average is $26.84 and its 200-day moving average is $28.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The stock has a market capitalization of $3.97 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly 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 last year, the company posted $0.16 earnings per share. As a group, sell-side analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

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 given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Friday, March 14th. 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.