UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 17,573 Shares of Schneider National, Inc. (NYSE:SNDR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 15.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,474 shares of the company's stock after purchasing an additional 17,573 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.07% of Schneider National worth $3,724,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. purchased a new stake in shares of Schneider National during the 3rd quarter worth approximately $6,327,000. Louisiana State Employees Retirement System purchased a new stake in Schneider National during the third quarter worth $648,000. GSA Capital Partners LLP acquired a new stake in Schneider National in the third quarter valued at $713,000. Thrivent Financial for Lutherans increased its position in shares of Schneider National by 1.1% in the second quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company's stock valued at $69,236,000 after buying an additional 30,113 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of Schneider National by 5.3% in the 3rd quarter. Raymond James & Associates now owns 192,965 shares of the company's stock worth $5,507,000 after buying an additional 9,775 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Citigroup cut shares of Schneider National from a "neutral" rating to a "sell" rating and cut their target price for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Bank of America upped their target price on Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. The Goldman Sachs Group dropped their price target on Schneider National from $26.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. TD Cowen upped their price objective on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Finally, Evercore ISI reduced their target price on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Schneider National has an average rating of "Hold" and a consensus price target of $29.08.

Insider Transactions at Schneider National

In related news, COO Mark B. Rourke sold 32,057 shares of the company's stock in a transaction dated 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 completion of the sale, the chief operating officer now owns 266,887 shares of the company's stock, valued at $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Thomas G. Jackson sold 18,248 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the sale, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 56,555 shares of company stock worth $1,862,611. 32.68% of the stock is currently owned by company insiders.

Schneider National Stock Down 1.6 %

SNDR traded down $0.50 during trading hours on Friday, reaching $31.02. 586,676 shares of the stock traded hands, compared to its average volume of 822,898. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The company has a market cap of $5.43 billion, a price-to-earnings ratio of 50.03, a PEG ratio of 3.30 and a beta of 0.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm's fifty day simple moving average is $30.02 and its two-hundred day simple moving average is $27.04.

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

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Friday, December 13th. Schneider National's dividend payout ratio (DPR) 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.