Schneider National, Inc. (NYSE:SNDR) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,355,883 shares of the company's stock after selling 115,143 shares during the quarter. Wellington Management Group LLP owned 1.34% of Schneider National worth $67,237,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp boosted its position in shares of Schneider National by 75.4% during the third quarter. State Street Corp now owns 1,730,769 shares of the company's stock valued at $49,545,000 after buying an additional 743,800 shares during the period. Stifel Financial Corp boosted its holdings in Schneider National by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 98,155 shares of the company's stock valued at $2,801,000 after acquiring an additional 6,415 shares during the period. Quantinno Capital Management LP grew its position in Schneider National by 41.9% in the 3rd quarter. Quantinno Capital Management LP now owns 60,657 shares of the company's stock valued at $1,731,000 after acquiring an additional 17,924 shares during the last quarter. Quarry LP bought a new position in Schneider National in the 3rd quarter valued at $90,000. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Schneider National by 2.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,263,770 shares of the company's stock worth $36,068,000 after purchasing an additional 34,477 shares during the last quarter. Institutional investors own 28.54% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Susquehanna cut their price target on shares of Schneider National from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Thursday, November 7th. Evercore ISI lowered 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. The Goldman Sachs Group reduced their target price on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. TD Cowen lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Finally, Stifel Nicolaus raised their price objective on Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $29.08.

Schneider National Stock Up 0.7 %

Shares of SNDR traded up $0.21 during trading hours on Wednesday, hitting $31.56. The company had a trading volume of 722,011 shares, compared to its average volume of 824,788. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $5.53 billion, a PE ratio of 50.56, a price-to-earnings-growth ratio of 3.29 and a beta of 0.89. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The company's fifty day moving average price is $29.77 and its two-hundred day moving average price is $26.92.

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

Schneider National Announces Dividend

The company 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 $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a yield of 1.20%. Schneider National's dividend payout ratio (DPR) is 61.29%.

Insider Buying and Selling at Schneider National

In other Schneider National news, CAO Robert M. Reich, Jr. sold 6,250 shares of the business's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares of the company's stock, valued at approximately $4,923,548.54. The trade was a 3.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Mark B. Rourke sold 32,057 shares of the company's stock in a transaction that occurred 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 transaction, the chief operating officer now owns 266,887 shares in the company, valued at $8,833,959.70. The trade was a 10.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,555 shares of company stock worth $1,862,611 over the last three months. Corporate insiders own 18.83% 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.