8,349 Shares in Schneider National, Inc. (NYSE:SNDR) Acquired by Everhart Financial Group Inc.

Everhart Financial Group Inc. purchased a new stake in Schneider National, Inc. (NYSE:SNDR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,349 shares of the company’s stock, valued at approximately $244,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in shares of Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after buying an additional 743,800 shares in the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Schneider National in the third quarter valued at $9,157,000. Principal Financial Group Inc. purchased a new stake in shares of Schneider National in the 3rd quarter valued at about $6,327,000. New York State Common Retirement Fund boosted its position in shares of Schneider National by 16.4% in the 3rd quarter. New York State Common Retirement Fund now owns 1,491,876 shares of the company’s stock valued at $42,578,000 after purchasing an additional 209,787 shares during the period. Finally, Geode Capital Management LLC grew its stake in Schneider National by 18.4% during the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock worth $21,305,000 after buying an additional 115,814 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Analyst Ratings Changes

SNDR has been the subject of a number of research reports. Bank of America upped their target price on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Stifel Nicolaus boosted 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. 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 research report on Monday, February 3rd. Benchmark lifted their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Finally, Wells Fargo & Company upped their target price on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $30.85.

Schneider National Stock Down 0.2 %

Shares of SNDR opened at $27.49 on Tuesday. The firm has a market cap of $4.81 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average is $29.49 and its two-hundred day moving average is $28.93. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting 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. 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 declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.38%. Schneider National’s dividend payout ratio is currently 58.46%.

Insider Activity

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the transaction, the executive vice president now directly owns 66,526 shares of the company’s stock, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,555 shares of company stock worth $2,153,011. 32.68% of the stock is currently owned by corporate insiders.

Schneider National 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.