Wellington Management Group LLP Has $55.34 Million Position in Schneider National, Inc. (NYSE:SNDR)

Wellington Management Group LLP trimmed its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 19.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,890,013 shares of the company's stock after selling 465,870 shares during the period. Wellington Management Group LLP owned about 1.08% of Schneider National worth $55,340,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC lifted its holdings in Schneider National by 24.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,306 shares of the company's stock valued at $419,000 after purchasing an additional 2,776 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Schneider National by 4,856.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company's stock worth $69,000 after acquiring an additional 2,331 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Schneider National by 56.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 176,047 shares of the company's stock worth $5,155,000 after acquiring an additional 63,587 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in shares of Schneider National by 1.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 56,123 shares of the company's stock worth $1,643,000 after acquiring an additional 916 shares during the period. Finally, Pictet Asset Management Holding SA purchased a new position in shares of Schneider National during the 4th quarter worth about $266,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.80 during midday trading on Thursday, hitting $22.39. 158,494 shares of the company were exchanged, compared to its average volume of 816,408. 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 has a market cap of $3.93 billion, a P/E ratio of 34.48, a PEG ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The firm has a 50 day simple moving average of $25.19 and a 200-day simple moving average of $28.11.

Schneider National (NYSE:SNDR - Get Free Report) last released 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. Research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.70%. Schneider National's dividend payout ratio (DPR) is presently 58.46%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SNDR shares. Stifel Nicolaus increased their price objective on shares of Schneider National from $28.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Wells Fargo & Company cut 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. JPMorgan Chase & Co. cut their price target on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Susquehanna cut their price target 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. Finally, Stephens restated an "equal weight" rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $27.93.

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.