Schneider National, Inc. (NYSE:SNDR) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,369,533 shares of the company's stock after acquiring an additional 172,418 shares during the quarter. Vanguard Group Inc. owned approximately 2.49% of Schneider National worth $127,940,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Century Companies Inc. boosted its position in Schneider National by 14.2% during the fourth quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock worth $72,320,000 after acquiring an additional 306,275 shares during the last quarter. GW&K Investment Management LLC lifted its stake in shares of Schneider National by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock worth $58,204,000 after purchasing an additional 158,505 shares during the period. State Street Corp boosted 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 worth $49,545,000 after purchasing an additional 743,800 shares during the last quarter. Copeland Capital Management LLC grew its position in shares of Schneider National by 2.4% in the fourth quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company's stock valued at $47,521,000 after purchasing an additional 38,796 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Schneider National by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company's stock valued at $24,070,000 after purchasing an additional 2,727 shares during the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on SNDR. Bank of America restated a "neutral" rating and issued a $25.00 price target (down previously from $34.00) on shares of Schneider National in a report on Friday, March 28th. Susquehanna lowered their target price on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. National Bankshares set a $25.00 price target on shares of Schneider National in a research report on Friday, March 28th. Wells Fargo & Company decreased their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Finally, Stifel Nicolaus upped their price objective on Schneider National from $28.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $27.79.

Schneider National Stock Performance

Shares of NYSE SNDR traded down $0.19 during midday trading on Friday, hitting $22.27. The company's stock had a trading volume of 715,156 shares, compared to its average volume of 821,681. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.90. The firm's fifty day moving average price is $24.92 and its 200-day moving average price is $28.03. The firm has a market cap of $3.91 billion, a P/E ratio of 34.26, a P/E/G ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.20 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 last year, the firm earned $0.16 earnings per share. On average, sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were given a dividend of $0.095 per share. The ex-dividend date was Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.71%. Schneider National's dividend payout ratio is currently 58.46%.

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.