Thrivent Financial for Lutherans Sells 250,481 Shares of Schneider National, Inc. (NYSE:SNDR)

Thrivent Financial for Lutherans reduced its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,664,150 shares of the company's stock after selling 250,481 shares during the period. Thrivent Financial for Lutherans owned about 1.52% of Schneider National worth $78,007,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Schneider National by 52.6% in the 4th 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 period. SRS Capital Advisors Inc. grew its position in 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 in the last quarter. Blue Trust Inc. increased its stake in Schneider National by 489.1% in 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 period. Future Financial Wealth Managment LLC purchased a new stake in Schneider National in the 4th quarter worth approximately $59,000. Finally, Quarry LP acquired a new stake in shares of Schneider National during the 3rd quarter valued at $90,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Performance

Shares of NYSE:SNDR traded down $0.04 during trading on Friday, reaching $23.11. The stock had a trading volume of 1,201,045 shares, compared to its average volume of 786,497. The stock has a fifty day simple moving average of $27.35 and a two-hundred day simple moving average of $28.63. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 35.56, a P/E/G ratio of 0.54 and a beta of 0.87.

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Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting 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 period in the prior year, the firm posted $0.16 EPS. As a group, analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal 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 paid 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 1.64%. Schneider National's payout ratio is 58.46%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SNDR. Benchmark upped their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. Bank of America upped their target price on Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Susquehanna lifted their price target on Schneider National from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Friday, January 31st. Stifel Nicolaus boosted their price target on Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Finally, TD Cowen raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $30.85.

Schneider National 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.