Schneider National, Inc. (NYSE:SNDR) Stock Position Decreased by Sei Investments Co.

Sei Investments Co. reduced its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 496,188 shares of the company's stock after selling 26,238 shares during the period. Sei Investments Co. owned about 0.28% of Schneider National worth $14,528,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC increased its stake in Schneider National by 52.6% during the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after purchasing an additional 450 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after buying an additional 612 shares during the period. Blue Trust Inc. grew its position in shares of Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock valued at $46,000 after buying an additional 1,350 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Schneider National during the fourth quarter worth about $59,000. Finally, Quarry LP bought a new position in Schneider National in the third quarter worth about $90,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on SNDR shares. JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Bank of America restated a "neutral" rating and set a $25.00 price objective (down from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Wells Fargo & Company cut their target price on Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 27th. Stephens restated an "equal weight" rating and set a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Susquehanna dropped their price objective on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a report on Wednesday, March 26th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $28.69.

Schneider National Price Performance

Shares of NYSE SNDR traded up $0.65 during mid-day trading on Wednesday, reaching $23.58. 605,228 shares of the company traded hands, compared to its average volume of 814,176. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The firm has a market cap of $4.14 billion, a PE ratio of 36.28, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. The stock has a fifty day simple moving average of $26.30 and a 200-day simple moving average of $28.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly 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 return on equity of 4.12% and a net margin of 2.21%. During the same quarter in the previous year, the firm posted $0.16 EPS. Equities research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.61%. Schneider National's dividend payout ratio (DPR) is 58.46%.

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.