SRS Capital Advisors Inc. raised its stake in Schneider National, Inc. (NYSE:SNDR – Free Report) by 74.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,434 shares of the company’s stock after buying an additional 612 shares during the period. SRS Capital Advisors Inc.’s holdings in Schneider National were worth $42,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC raised its stake in 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 purchasing an additional 450 shares during the period. Blue Trust Inc. raised its stake in Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in Schneider National during the 4th quarter valued at $59,000. Quarry LP acquired a new stake in Schneider National during the 3rd quarter valued at $90,000. Finally, Principal Securities Inc. raised its stake in Schneider National by 28.4% during the 4th quarter. Principal Securities Inc. now owns 4,626 shares of the company’s stock valued at $135,000 after purchasing an additional 1,022 shares during the period. Institutional investors own 28.54% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Wells Fargo & Company upped their price target on shares of Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Bank of America upped their price target on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Stephens reaffirmed 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. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $30.85.
Schneider National Trading Up 0.9 %
Shares of NYSE:SNDR opened at $25.52 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. The firm has a fifty day moving average price of $28.52 and a 200 day moving average price of $28.84. The stock has a market capitalization of $4.48 billion, a PE ratio of 39.26, a P/E/G ratio of 0.54 and a beta of 0.93.
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, meeting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter in the previous year, the business earned $0.16 earnings per share. Analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.
Schneider National Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is 58.46%.
Insider Buying and Selling at Schneider National
In other news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the transaction, the insider now owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 32.68% of the company’s stock.
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.
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