Creative Planning Has $618,000 Stock Position in Schneider National, Inc. (NYSE:SNDR)

Creative Planning raised its holdings in Schneider National, Inc. (NYSE:SNDRFree Report) by 166.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,571 shares of the company’s stock after buying an additional 15,983 shares during the quarter. Creative Planning’s holdings in Schneider National were worth $618,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Innealta Capital LLC purchased a new position in shares of Schneider National during the 2nd quarter valued at $53,000. Hilltop National Bank raised its position in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares during the period. Covestor Ltd lifted its stake in shares of Schneider National by 51.9% during the 1st quarter. Covestor Ltd now owns 7,661 shares of the company’s stock valued at $173,000 after buying an additional 2,617 shares in the last quarter. FCG Investment Co bought a new position in Schneider National in the 1st quarter worth approximately $205,000. Finally, Paloma Partners Management Co bought a new stake in Schneider National during the 1st quarter valued at $221,000. 28.54% of the stock is currently owned by institutional investors.

Insider Activity at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the sale, the insider now directly owns 55,726 shares in the company, valued at $1,538,037.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 32.68% of the stock is currently owned by insiders.

Schneider National Price Performance

Shares of NYSE SNDR opened at $27.64 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $29.01. The company’s 50-day moving average is $27.34 and its 200 day moving average is $24.45. The stock has a market capitalization of $4.84 billion, a P/E ratio of 42.52, a P/E/G ratio of 2.51 and a beta of 0.85.

Schneider National (NYSE:SNDRGet Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the previous year, the company posted $0.45 earnings per share. The firm’s revenue was down 2.2% on a year-over-year basis. On average, sell-side analysts expect that Schneider National, Inc. will post 0.85 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 13th were issued a dividend of $0.095 per share. The ex-dividend date was Friday, September 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.37%. Schneider National’s payout ratio is presently 58.46%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group cut their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. JPMorgan Chase & Co. upped their price objective on Schneider National from $24.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. UBS Group raised their price objective on Schneider National from $26.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, July 9th. Robert W. Baird lifted their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, Susquehanna upped their price objective on shares of Schneider National from $25.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Schneider National presently has a consensus rating of “Hold” and an average price target of $27.08.

Check Out Our Latest Research Report on SNDR

Schneider National Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

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