State of Alaska Department of Revenue Sells 100,159 Shares of Schneider National, Inc. (NYSE:SNDR)

State of Alaska Department of Revenue cut its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 32.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 208,754 shares of the company's stock after selling 100,159 shares during the period. State of Alaska Department of Revenue owned approximately 0.12% of Schneider National worth $6,111,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SNDR. Thrivent Financial for Lutherans raised its stake in Schneider National by 1.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company's stock valued at $83,184,000 after purchasing an additional 48,905 shares during the period. State Street Corp grew its holdings 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 in the last quarter. Copeland Capital Management LLC raised its position in Schneider National by 2.4% during the fourth quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company's stock valued at $47,521,000 after buying an additional 38,796 shares during the period. New York State Common Retirement Fund lifted its stake in Schneider National by 16.4% in the 3rd quarter. New York State Common Retirement Fund now owns 1,491,876 shares of the company's stock worth $42,578,000 after acquiring an additional 209,787 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in Schneider National by 2.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,263,770 shares of the company's stock valued at $36,068,000 after acquiring an additional 34,477 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Stock Down 0.5 %

SNDR traded down $0.13 during trading on Tuesday, reaching $28.41. 557,439 shares of the stock were exchanged, compared to its average volume of 821,694. 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. The stock has a market cap of $4.98 billion, a P/E ratio of 43.71, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93. The stock's 50 day moving average price is $29.81 and its two-hundred day moving average price is $28.91.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates 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 prior year, the company earned $0.16 earnings per share. Equities analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.34%. Schneider National's dividend payout ratio is presently 58.46%.

Insider Buying and Selling

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares of the company's stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the transaction, the chief accounting officer now owns 155,366 shares of the company's stock, valued at $4,923,548.54. The trade was a 3.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 over the last 90 days. 32.68% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Benchmark raised their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Bank of America upped their price target on shares of Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Stephens reaffirmed an "equal weight" rating and set a $30.00 price target (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Evercore ISI cut their price objective on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. 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 company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $30.85.

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.