Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Mackenzie Financial Corp

Mackenzie Financial Corp grew its holdings in Schneider National, Inc. (NYSE:SNDR) by 213.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 86,064 shares of the company’s stock after buying an additional 58,584 shares during the quarter. Mackenzie Financial Corp’s holdings in Schneider National were worth $2,190,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Winch Advisory Services LLC grew its stake in shares of Schneider National by 61.6% in the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock worth $37,000 after acquiring an additional 503 shares in the last quarter. Quent Capital LLC grew its stake in shares of Schneider National by 64.0% in the fourth quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock worth $46,000 after acquiring an additional 708 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Schneider National by 1.2% in the third quarter. O Shaughnessy Asset Management LLC now owns 59,139 shares of the company’s stock worth $1,638,000 after acquiring an additional 713 shares in the last quarter. Swiss National Bank grew its stake in shares of Schneider National by 0.7% in the third quarter. Swiss National Bank now owns 115,300 shares of the company’s stock worth $3,193,000 after acquiring an additional 800 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new position in shares of Schneider National during the fourth quarter worth $29,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Performance

NYSE SNDR opened at $21.13 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $31.74. The company has a market capitalization of $3.72 billion, a PE ratio of 15.89, a P/E/G ratio of 1.41 and a beta of 0.89. The company has a fifty day moving average of $22.58 and a two-hundred day moving average of $23.82.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (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 during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The business’s revenue was down 12.2% on a year-over-year basis. As a group, analysts expect that Schneider National, Inc. will post 1.09 earnings per share for the current year.

Schneider National Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.80%. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. Schneider National’s dividend payout ratio is presently 28.57%.

Analyst Ratings Changes

SNDR has been the subject of a number of analyst reports. Susquehanna lowered their target price on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, March 25th. Robert W. Baird lowered their target price on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. TD Cowen lowered their target price on shares of Schneider National from $28.00 to $26.00 and set an “outperform” rating for the company in a research note on Friday, February 2nd. Stifel Nicolaus lowered their target price on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Finally, Evercore ISI downgraded shares of 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. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and an average price target of $28.07.

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.