Jacobs Levy Equity Management Inc. Purchases 34,477 Shares of Schneider National, Inc. (NYSE:SNDR)

Jacobs Levy Equity Management Inc. boosted its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,263,770 shares of the company's stock after acquiring an additional 34,477 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.72% of Schneider National worth $36,068,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC bought a new position in Schneider National in the third quarter worth about $9,157,000. HighTower Advisors LLC bought a new position in Schneider National in the third quarter worth about $345,000. Concentric Capital Strategies LP bought a new position in Schneider National in the third quarter worth about $696,000. Captrust Financial Advisors lifted its holdings in Schneider National by 30.6% in the third quarter. Captrust Financial Advisors now owns 21,194 shares of the company's stock worth $605,000 after acquiring an additional 4,968 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Schneider National by 15.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company's stock valued at $3,724,000 after buying an additional 17,573 shares during the last quarter. Institutional investors own 28.54% of the company's stock.

Wall Street Analysts Forecast Growth

SNDR has been the topic of a number of recent analyst reports. Benchmark lifted their price target on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Evercore ISI cut their price target on Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a report on Thursday, November 7th. Stifel Nicolaus lifted their price target on Schneider National from $25.00 to $27.00 and gave the company a "hold" rating in a report on Monday, November 11th. JPMorgan Chase & Co. cut their price target on Schneider National from $30.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, November 7th. Finally, The Goldman Sachs Group cut their price target on Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Schneider National presently has an average rating of "Hold" and a consensus price target of $29.08.

Insider Activity at Schneider National

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

Schneider National Price Performance

Schneider National stock traded up $0.08 during mid-day trading on Wednesday, hitting $31.95. The company's stock had a trading volume of 264,361 shares, compared to its average volume of 826,281. 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 has a market capitalization of $5.60 billion, a P/E ratio of 51.40, a P/E/G ratio of 3.45 and a beta of 0.90. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90. The stock's fifty day moving average price is $29.44 and its two-hundred day moving average price is $26.58.

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

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National's dividend payout ratio (DPR) is currently 61.29%.

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.