Thrivent Financial for Lutherans Purchases 48,905 Shares of Schneider National, Inc. (NYSE:SNDR)

Thrivent Financial for Lutherans increased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,914,631 shares of the company's stock after purchasing an additional 48,905 shares during the period. Thrivent Financial for Lutherans owned approximately 1.66% of Schneider National worth $83,184,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SNDR. Innealta Capital LLC bought a new stake in shares of Schneider National during the second quarter worth about $53,000. DekaBank Deutsche Girozentrale bought a new stake in Schneider National during the 3rd quarter worth approximately $73,000. Hilltop National Bank raised its stake in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company's stock worth $74,000 after purchasing an additional 676 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Schneider National in the third quarter valued at approximately $109,000. Finally, Hills Bank & Trust Co purchased a new position in shares of Schneider National during the third quarter valued at approximately $112,000. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SNDR shares. Benchmark raised their price objective on Schneider National from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, August 2nd. Bank of America raised shares of Schneider National from an "underperform" rating to a "buy" rating and raised their price target for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. JPMorgan Chase & Co. reduced their price objective on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. TD Cowen lifted their target price on shares of Schneider National from $28.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Finally, Evercore ISI reduced their target price on Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a report on Thursday, November 7th. One equities 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's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $28.31.

Schneider National Stock Performance

Shares of NYSE SNDR traded up $0.43 during trading on Monday, reaching $30.64. 48,217 shares of the stock traded hands, compared to its average volume of 818,751. 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 $5.37 billion, a P/E ratio of 48.73, a price-to-earnings-growth ratio of 3.67 and a beta of 0.85. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $32.14. The company has a 50-day moving average of $28.40 and a 200-day moving average of $25.75.

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

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.24%. The ex-dividend date is Friday, December 13th. Schneider National's dividend payout ratio (DPR) is presently 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.