Schmidt P J Investment Management Inc. Has $25.64 Million Position in Schneider National, Inc. (NYSE:SNDR)

Schmidt P J Investment Management Inc. lowered its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 875,783 shares of the company's stock after selling 32,816 shares during the quarter. Schneider National accounts for approximately 4.4% of Schmidt P J Investment Management Inc.'s portfolio, making the stock its 4th largest position. Schmidt P J Investment Management Inc. owned approximately 0.50% of Schneider National worth $25,643,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Copeland Capital Management LLC grew its stake in Schneider National by 2.4% in the fourth quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company's stock valued at $47,521,000 after acquiring an additional 38,796 shares during the period. Blue Trust Inc. grew its position in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Exchange Traded Concepts LLC increased its stake in Schneider National by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock valued at $822,000 after purchasing an additional 710 shares in the last quarter. Impact Partnership Wealth LLC acquired a new position in Schneider National during the fourth quarter worth $205,000. Finally, FCG Investment Co raised its holdings in Schneider National by 13.9% during the fourth quarter. FCG Investment Co now owns 12,540 shares of the company's stock worth $367,000 after buying an additional 1,534 shares during the last quarter. 28.54% of the stock is owned by institutional investors.

Schneider National Stock Performance

Schneider National stock traded down $0.93 during trading on Friday, hitting $28.62. The stock had a trading volume of 681,975 shares, compared to its average volume of 812,437. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The stock's 50 day moving average is $29.97 and its two-hundred day moving average is $28.85. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 44.04, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data 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 prior year, the firm earned $0.16 EPS. As a group, analysts predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a yield of 1.33%. Schneider National's dividend payout ratio is 58.46%.

Insider Buying and Selling at Schneider National

In other news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares of the company's stock, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the transaction, the insider now owns 95,191 shares of the company's stock, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,555 shares of company stock valued at $2,153,011 in the last 90 days. 32.68% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Susquehanna boosted their target price on shares of Schneider National from $31.00 to $32.00 and gave the stock a "neutral" rating in a research report on Friday, January 31st. Stifel Nicolaus increased their price objective on Schneider National from $28.00 to $31.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Evercore ISI cut their target price on Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a research report on Thursday, November 7th. Wells Fargo & Company increased their price target on Schneider National from $31.00 to $32.00 and gave the company an "equal weight" rating in a research report on Friday, January 31st. Finally, Stephens reaffirmed an "equal weight" rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, Schneider National currently has a consensus rating of "Hold" and an average target price of $30.85.

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.