Schneider National, Inc. (NYSE:SNDR) Shares Sold by Legal & General Group Plc

Legal & General Group Plc lessened its position in Schneider National, Inc. (NYSE:SNDR) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133,387 shares of the company’s stock after selling 8,858 shares during the period. Legal & General Group Plc owned approximately 0.08% of Schneider National worth $3,906,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after purchasing an additional 450 shares during the period. Huntington National Bank increased its position in Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after acquiring an additional 997 shares during the period. SRS Capital Advisors Inc. raised its stake in Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. boosted its position in Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after acquiring an additional 1,350 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Schneider National in the fourth quarter worth $48,000. 28.54% of the stock is currently owned by institutional investors.

Schneider National Trading Up 1.3 %

NYSE:SNDR opened at $22.31 on Wednesday. The stock has a fifty day simple moving average of $24.03 and a 200 day simple moving average of $27.75. 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 firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 34.32, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a 1-year low of $20.61 and a 1-year high of $33.90.

Schneider National (NYSE:SNDR) last announced its 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 net margin of 2.21% and a return on equity of 4.12%. During the same period in the previous year, the business earned $0.16 earnings per share. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were issued a $0.095 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.70%. Schneider National’s payout ratio is currently 58.46%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SNDR. Stephens restated an “equal weight” rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. The Goldman Sachs Group reduced their price target on shares of Schneider National from $28.00 to $23.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Benchmark dropped their target price on Schneider National from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, April 14th. UBS Group decreased their price target on Schneider National from $32.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Susquehanna lowered their price target on Schneider National from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 26th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $26.93.

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.