Schneider National (NYSE:SNDR) Shares Gap Up on Analyst Upgrade

Schneider National, Inc. (NYSE:SNDR - Get Free Report) shares gapped up prior to trading on Thursday after Stifel Nicolaus raised their price target on the stock from $28.00 to $31.00. The stock had previously closed at $29.79, but opened at $30.99. Stifel Nicolaus currently has a hold rating on the stock. Schneider National shares last traded at $29.90, with a volume of 63,224 shares traded.

SNDR has been the subject of a number of other research reports. Bank of America raised their price objective on Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. TD Cowen raised their price target on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Evercore ISI reduced their price objective on Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. lowered their target price on Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group reduced their price target 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. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $29.38.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now directly owns 95,191 shares in the company, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the transaction, the chief operating officer now owns 266,887 shares of the company's stock, valued at approximately $8,833,959.70. The trade was a 10.72 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,555 shares of company stock worth $2,153,011. 32.68% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SNDR. GAMMA Investing LLC grew its stake in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock worth $38,000 after acquiring an additional 450 shares in the last quarter. Blue Trust Inc. boosted 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 valued at $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC bought a new position in Schneider National in the fourth quarter worth approximately $59,000. DekaBank Deutsche Girozentrale purchased a new position in Schneider National during the 3rd quarter worth $73,000. Finally, Quarry LP bought a new stake in Schneider National during the 3rd quarter valued at $90,000. 28.54% of the stock is currently owned by institutional investors.

Schneider National Stock Down 1.4 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The company has a fifty day simple moving average of $30.46 and a two-hundred day simple moving average of $28.45. The firm has a market capitalization of $5.15 billion, a PE ratio of 47.40, a PEG ratio of 1.90 and a beta of 0.93.

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

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th were paid a dividend of $0.095 per share. The ex-dividend date was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. Schneider National's dividend payout ratio is presently 61.29%.

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.