Barclays PLC Has $1.32 Million Holdings in Schneider National, Inc. (NYSE:SNDR)

Barclays PLC lifted its position in Schneider National, Inc. (NYSE:SNDR) by 103.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,994 shares of the company’s stock after purchasing an additional 22,876 shares during the quarter. Barclays PLC’s holdings in Schneider National were worth $1,317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Schneider National by 780.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company’s stock worth $372,000 after acquiring an additional 11,312 shares during the period. Raymond James Financial Inc. acquired a new stake in Schneider National during the fourth quarter valued at approximately $5,349,000. Proficio Capital Partners LLC bought a new stake in shares of Schneider National in the 4th quarter valued at approximately $997,000. KLP Kapitalforvaltning AS acquired a new position in shares of Schneider National in the 4th quarter worth approximately $349,000. Finally, QRG Capital Management Inc. lifted its position in shares of Schneider National by 9.0% during the 4th quarter. QRG Capital Management Inc. now owns 138,027 shares of the company’s stock worth $4,041,000 after buying an additional 11,392 shares during the period. 28.54% of the stock is owned by institutional investors.

Schneider National Trading Up 4.3 %

SNDR opened at $22.79 on Friday. The firm has a 50 day simple moving average of $23.22 and a 200 day simple moving average of $27.45. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 35.06, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company earned $0.11 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.67%. Schneider National’s dividend payout ratio (DPR) is currently 54.29%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wells Fargo & Company lowered their price target on Schneider National from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 27th. UBS Group dropped their target price on shares of Schneider National from $32.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Citigroup raised shares of Schneider National from a “sell” rating to a “neutral” rating and cut their price target for the company from $25.00 to $23.00 in a report on Tuesday, April 8th. The Goldman Sachs Group dropped their price objective on shares of Schneider National from $28.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Finally, Evercore ISI reduced their target price on Schneider National from $23.00 to $22.00 and set an “in-line” rating on the stock in a report on Friday. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus target price of $26.43.

About Schneider National

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.