Schneider National, Inc. (NYSE:SNDR) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 79.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,735 shares of the company's stock after selling 61,617 shares during the quarter. Jane Street Group LLC's holdings in Schneider National were worth $449,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SNDR. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National during the 3rd quarter worth $73,000. Quarry LP acquired a new stake in shares of Schneider National during the third quarter worth about $90,000. SG Americas Securities LLC purchased a new position in shares of Schneider National during the third quarter worth about $109,000. Hills Bank & Trust Co acquired a new position in Schneider National in the 3rd quarter valued at about $112,000. Finally, BNP Paribas Financial Markets increased its position in Schneider National by 356.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company's stock valued at $140,000 after acquiring an additional 3,822 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SNDR shares. The Goldman Sachs Group lowered their target price on Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 9th. Bank of America lifted their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Evercore ISI cut their price objective on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. Finally, Citigroup lowered shares of Schneider National from a "neutral" rating to a "sell" rating and dropped their price target for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, Schneider National has an average rating of "Hold" and an average target price of $29.08.

Schneider National Trading Down 2.3 %

Schneider National stock traded down $0.69 during midday trading on Tuesday, reaching $29.25. The stock had a trading volume of 1,170,612 shares, compared to its average volume of 813,103. The stock's 50-day simple moving average is $30.58 and its 200 day simple moving average is $27.94. The stock has a market capitalization of $5.12 billion, a PE ratio of 47.18, a price-to-earnings-growth ratio of 3.24 and a beta of 0.93. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

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

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.30%. Schneider National's dividend payout ratio (DPR) is presently 61.29%.

Insider Activity at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction 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 transaction, the insider now directly owns 95,191 shares in the company, valued at $2,764,346.64. This represents a 9.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Thomas G. Jackson sold 18,248 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares of the company's stock, valued at $2,200,014.82. The trade was a 21.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 66,555 shares of company stock valued at $2,153,011. Corporate insiders own 32.68% of the company's stock.

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.