DekaBank Deutsche Girozentrale Sells 12,039 Shares of Schneider National, Inc. (NYSE:SNDR)

DekaBank Deutsche Girozentrale lowered its position in shares of Schneider National, Inc. (NYSE:SNDR) by 34.1% in the fourth quarter, HoldingsChannel reports. The fund owned 23,297 shares of the company’s stock after selling 12,039 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Schneider National were worth $591,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MetLife Investment Management LLC bought a new stake in Schneider National in the first quarter valued at about $26,000. Bruce G. Allen Investments LLC bought a new stake in Schneider National in the fourth quarter valued at about $29,000. Whittier Trust Co. bought a new stake in Schneider National in the third quarter valued at about $35,000. Winch Advisory Services LLC increased its holdings in Schneider National by 61.6% in the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares during the last quarter. Finally, Quarry LP increased its holdings in Schneider National by 252.2% in the first quarter. Quarry LP now owns 1,627 shares of the company’s stock valued at $44,000 after purchasing an additional 1,165 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Stock Up 0.1 %

SNDR stock opened at $21.71 on Tuesday. The business has a 50-day moving average of $22.96 and a 200-day moving average of $24.07. Schneider National, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $31.74. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. The stock has a market capitalization of $3.82 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.20 and a beta of 0.89.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the company posted $0.64 earnings per share. The business’s revenue for the quarter was down 12.2% on a year-over-year basis. On average, sell-side analysts anticipate that Schneider National, Inc. will post 1.15 earnings per share for the current fiscal year.

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.75%. Schneider National’s dividend payout ratio is 28.57%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SNDR shares. Robert W. Baird decreased their target price on Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. Evercore ISI cut Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 target price for the company. in a research note on Thursday, January 4th. Stephens reissued an “equal weight” rating and issued a $28.00 target price on shares of Schneider National in a research note on Monday, February 5th. Stifel Nicolaus boosted their target price on Schneider National from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Finally, Susquehanna decreased their target price on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, March 25th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $28.21.

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.