Trexquant Investment LP lessened its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 82.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,099 shares of the company's stock after selling 68,395 shares during the quarter. Trexquant Investment LP's holdings in Schneider National were worth $413,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of 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 last quarter. SRS Capital Advisors Inc. boosted its position 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 worth $42,000 after buying an additional 612 shares during the period. Blue Trust Inc. grew its stake 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 worth $46,000 after acquiring an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Schneider National in the fourth quarter valued at approximately $59,000. Finally, CIBC Private Wealth Group LLC increased its stake in Schneider National by 4,856.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company's stock valued at $69,000 after buying an additional 2,331 shares during the last quarter. Institutional investors own 28.54% of the company's stock.
Analysts Set New Price Targets
SNDR has been the subject of a number of research analyst reports. Bank of America restated a "neutral" rating and set a $25.00 price objective (down previously from $34.00) on shares of Schneider National in a report on Friday, March 28th. Benchmark lowered their price objective on Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday. Stephens restated an "equal weight" rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Wells Fargo & Company dropped their price objective on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Finally, Susquehanna lowered their target price 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. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Schneider National has an average rating of "Hold" and an average target price of $27.14.
Get Our Latest Research Report on Schneider National
Schneider National Trading Up 3.6 %
SNDR traded up $0.78 during midday trading on Friday, hitting $22.50. 744,097 shares of the company were exchanged, compared to its average volume of 817,420. The firm's 50 day moving average price is $24.37 and its 200-day moving average price is $27.86. Schneider National, Inc. has a 1-year low of $20.55 and a 1-year high of $33.90. The firm has a market capitalization of $3.95 billion, a P/E ratio of 34.61, a P/E/G ratio of 0.54 and a beta of 1.10. 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 (NYSE:SNDR - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (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 quarter last year, the business posted $0.16 earnings per share. As a group, equities analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.
Schneider National Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.69%. Schneider National's payout ratio is 58.46%.
Schneider National Profile
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Free Report)
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.
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