Schneider National, Inc. (NYSE:SNDR) Stock Position Lowered by Goodman Financial Corp

Goodman Financial Corp decreased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 506,717 shares of the company's stock after selling 13,468 shares during the period. Schneider National comprises approximately 3.2% of Goodman Financial Corp's portfolio, making the stock its 8th biggest holding. Goodman Financial Corp owned 0.29% of Schneider National worth $14,837,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of SNDR. State Street Corp increased its stake in shares of Schneider National by 75.4% in the third quarter. State Street Corp now owns 1,730,769 shares of the company's stock worth $49,545,000 after purchasing an additional 743,800 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in Schneider National in the 3rd quarter worth approximately $9,157,000. Principal Financial Group Inc. bought a new position in Schneider National in the 3rd quarter worth approximately $6,327,000. Raymond James Financial Inc. purchased a new position in Schneider National in the 4th quarter valued at approximately $5,349,000. Finally, GW&K Investment Management LLC raised its holdings in Schneider National by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock valued at $58,204,000 after acquiring an additional 158,505 shares during the period. Hedge funds and other institutional investors own 28.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Bank of America raised their price target on Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. cut their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Stifel Nicolaus lifted their target price on Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. Benchmark increased their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Finally, TD Cowen increased their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $30.85.

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Schneider National Price Performance

Shares of NYSE SNDR traded down $0.32 during mid-day trading on Tuesday, reaching $23.39. 552,700 shares of the company were exchanged, compared to its average volume of 785,807. The stock has a market capitalization of $4.10 billion, a PE ratio of 35.98, a PEG ratio of 0.54 and a beta of 0.87. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The company's 50 day moving average price is $27.24 and its 200 day moving average price is $28.61.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting 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 previous year, the company posted $0.16 earnings per share. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Friday, March 14th. Schneider National's dividend payout ratio (DPR) is presently 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.