Schneider National, Inc. (NYSE:SNDR) Stock Position Lessened by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 13.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 556,159 shares of the company's stock after selling 89,766 shares during the quarter. Russell Investments Group Ltd. owned about 0.32% of Schneider National worth $16,284,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SNDR. Envestnet Asset Management Inc. increased its position in shares of Schneider National by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 574,559 shares of the company's stock worth $16,823,000 after purchasing an additional 21,017 shares in the last quarter. Wells Fargo & Company MN increased its stake in Schneider National by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 314,018 shares of the company's stock valued at $9,194,000 after purchasing an additional 3,223 shares during the period. Huntington National Bank raised its holdings in shares of Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock valued at $41,000 after buying an additional 997 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Schneider National by 20.3% during the fourth quarter. Franklin Resources Inc. now owns 26,149 shares of the company's stock worth $766,000 after buying an additional 4,415 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Schneider National by 51.6% during the 4th quarter. Alliancebernstein L.P. now owns 25,096 shares of the company's stock valued at $735,000 after acquiring an additional 8,541 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Stock Down 1.2 %

Shares of SNDR traded down $0.27 during trading on Tuesday, reaching $22.31. The company's stock had a trading volume of 94,403 shares, compared to its average volume of 817,679. 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 company has a fifty day moving average of $24.78 and a two-hundred day moving average of $27.98. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting analysts' consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the prior year, the business posted $0.16 earnings per share. On average, sell-side analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.70%. Schneider National's dividend payout ratio is currently 58.46%.

Analyst Ratings Changes

SNDR has been the subject of several recent research reports. The Goldman Sachs Group decreased their price target on Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Stifel Nicolaus cut their price target on Schneider National from $30.00 to $25.00 and set a "hold" rating for the company in a research note on Monday. Susquehanna lowered their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 26th. JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, Wells Fargo & Company reduced their price objective on Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Schneider National presently has a consensus rating of "Hold" and an average target price of $27.14.

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.