Aaron Wealth Advisors LLC Buys New Shares in Schneider National, Inc. $SNDR

Aaron Wealth Advisors LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 24,960 shares of the company’s stock, valued at approximately $662,000.

A number of other institutional investors have also recently bought and sold shares of SNDR. Vaughan Nelson Investment Management L.P. acquired a new position in Schneider National during the fourth quarter valued at approximately $29,469,000. Balyasny Asset Management L.P. purchased a new stake in Schneider National during the second quarter worth approximately $26,393,000. Gotham Asset Management LLC grew its stake in Schneider National by 396.1% during the third quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock worth $18,109,000 after buying an additional 683,298 shares during the period. Quantinno Capital Management LP grew its stake in Schneider National by 644.7% during the second quarter. Quantinno Capital Management LP now owns 620,714 shares of the company’s stock worth $14,990,000 after buying an additional 537,364 shares during the period. Finally, Millennium Management LLC purchased a new stake in Schneider National during the first quarter worth approximately $7,477,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group reiterated a “neutral” rating on shares of Schneider National in a research note on Friday, January 30th. Citigroup upgraded shares of Schneider National from a “sell” rating to a “neutral” rating and set a $27.00 price objective for the company in a research note on Monday, March 9th. Stifel Nicolaus downgraded shares of Schneider National from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $32.00 to $26.00 in a research note on Tuesday, February 3rd. Wells Fargo & Company decreased their price objective on shares of Schneider National from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.43.

Schneider National Stock Performance

Shares of SNDR stock opened at $28.05 on Friday. Schneider National, Inc. has a 12 month low of $20.11 and a 12 month high of $30.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.13 and a quick ratio of 1.95. The firm has a market capitalization of $4.92 billion, a P/E ratio of 47.53, a P/E/G ratio of 0.84 and a beta of 1.05. The company’s fifty day moving average price is $27.10 and its two-hundred day moving average price is $25.52.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.45 billion. Schneider National had a return on equity of 3.66% and a net margin of 1.83%.The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 EPS. On average, research analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Friday, March 13th were issued a $0.10 dividend. This is a boost from Schneider National’s previous quarterly dividend of $0.10. This represents a $0.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, March 13th. Schneider National’s dividend payout ratio is currently 67.80%.

Schneider National announced that its board has initiated a stock repurchase plan on Wednesday, January 28th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Schneider National

In related news, CFO Darrell George Campbell sold 6,000 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $28.89, for a total value of $173,340.00. Following the sale, the chief financial officer directly owned 66,275 shares of the company’s stock, valued at $1,914,684.75. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 23.64% of the stock is owned by corporate insiders.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.