Venturi Wealth Management LLC Purchases 8,820 Shares of Schneider National, Inc. (NYSE:SNDR)

Venturi Wealth Management LLC boosted its position in Schneider National, Inc. (NYSE:SNDR) by 1,938.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,275 shares of the company’s stock after buying an additional 8,820 shares during the quarter. Venturi Wealth Management LLC’s holdings in Schneider National were worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. GAMMA Investing LLC lifted its stake in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after acquiring an additional 450 shares during the last quarter. Blue Trust Inc. lifted its position in Schneider National by 489.1% in the fourth 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 last quarter. Future Financial Wealth Managment LLC bought a new stake in Schneider National in the fourth quarter valued at approximately $59,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Schneider National during the third quarter valued at approximately $73,000. Finally, Quarry LP bought a new position in shares of Schneider National in the third quarter worth approximately $90,000. 28.54% of the stock is currently owned by institutional investors.

Schneider National Price Performance

Shares of SNDR stock opened at $27.07 on Friday. 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 stock has a market cap of $4.74 billion, a price-to-earnings ratio of 41.64, a PEG ratio of 0.55 and a beta of 0.93. The business’s fifty day moving average is $29.24 and its 200 day moving average is $28.90. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90.

Schneider National (NYSE:SNDR) 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 net margin of 2.21% and a return on equity of 4.12%. During the same period in the prior year, the firm posted $0.16 EPS. Research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.40%. Schneider National’s payout ratio is 58.46%.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the company’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 transaction, the insider now owns 95,191 shares in the company, 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 SEC, which is accessible through this link. Also, COO Mark B. Rourke sold 32,057 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at $8,833,959.70. This trade represents a 10.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 in the last ninety days. 32.68% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SNDR shares. TD Cowen upped their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America upped their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Benchmark raised their target price on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. lowered their price target on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Wells Fargo & Company increased their price objective on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $30.85.

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.