Natixis Advisors LLC Sells 1,542 Shares of Schneider National, Inc. (NYSE:SNDR)

Natixis Advisors LLC cut its position in shares of Schneider National, Inc. (NYSE:SNDR) by 4.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,348 shares of the company’s stock after selling 1,542 shares during the quarter. Natixis Advisors LLC’s holdings in Schneider National were worth $716,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SNDR. KBC Group NV acquired a new position in Schneider National during the first quarter valued at approximately $28,000. Lazard Asset Management LLC acquired a new position in Schneider National during the fourth quarter valued at approximately $76,000. Sterling Capital Management LLC boosted its position in Schneider National by 57.2% during the fourth quarter. Sterling Capital Management LLC now owns 2,813 shares of the company’s stock valued at $82,000 after purchasing an additional 1,024 shares during the last quarter. CWM LLC boosted its position in Schneider National by 103.4% during the first quarter. CWM LLC now owns 3,513 shares of the company’s stock valued at $80,000 after purchasing an additional 1,786 shares during the last quarter. Finally, State of Wyoming boosted its position in Schneider National by 82.4% during the fourth quarter. State of Wyoming now owns 3,607 shares of the company’s stock valued at $106,000 after purchasing an additional 1,629 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Schneider National Stock Performance

Shares of Schneider National stock opened at $23.98 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The business has a 50-day simple moving average of $24.81 and a 200 day simple moving average of $24.67. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 0.76 and a beta of 1.11. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Schneider National had a return on equity of 4.39% and a net margin of 2.29%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the business earned $0.21 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. On average, research analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, September 12th. Schneider National’s payout ratio is presently 54.29%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Citigroup raised their price objective on Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, July 9th. Bank of America raised their price objective on Schneider National from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Robert W. Baird assumed coverage on Schneider National in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price target on the stock. Baird R W upgraded Schneider National to a “strong-buy” rating in a research note on Tuesday, July 1st. Finally, UBS Group cut their price objective on Schneider National from $32.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.29.

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.