Schneider National (NYSE:SNDR) Shares Down 3.3% - Should You Sell?

Schneider National, Inc. (NYSE:SNDR - Get Free Report) fell 3.3% during mid-day trading on Wednesday . The company traded as low as $22.90 and last traded at $22.92. 235,545 shares were traded during mid-day trading, a decline of 70% from the average session volume of 783,633 shares. The stock had previously closed at $23.70.

Analysts Set New Price Targets

SNDR has been the topic of a number of analyst reports. TD Cowen lifted their target price 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. Wells Fargo & Company boosted their price objective on Schneider National from $31.00 to $32.00 and gave the company an "equal weight" rating in a research report on Friday, January 31st. Stephens reiterated an "equal weight" rating and set a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Benchmark boosted their price target on Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. dropped their price target 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. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Schneider National has a consensus rating of "Hold" and a consensus price target of $30.85.

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Schneider National Trading Down 0.2 %

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's 50 day moving average is $27.35 and its 200-day moving average is $28.63. The company has a market cap of $4.06 billion, a PE ratio of 35.56, a P/E/G ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter in the previous year, the business posted $0.16 EPS. As a group, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National's dividend payout ratio (DPR) is 58.46%.

Institutional Trading of Schneider National

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SNDR. GAMMA Investing LLC boosted its holdings in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after acquiring an additional 450 shares during the period. Huntington National Bank lifted its position in shares of Schneider National by 237.9% during the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after purchasing an additional 997 shares during the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. grew its holdings in shares of Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock worth $46,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in Schneider National in the 4th quarter worth about $48,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.