Insider Selling: Schneider National (NYSE:SNDR) CFO Sells $173,340.00 in Stock

Schneider National, Inc. (NYSE:SNDR) CFO Darrell George Campbell sold 6,000 shares of Schneider National stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total transaction of $173,340.00. Following the completion of the sale, the chief financial officer owned 66,275 shares of the company’s stock, valued at approximately $1,914,684.75. This trade represents a 8.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Schneider National Trading Up 1.2%

NYSE SNDR opened at $29.36 on Monday. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 49.77, a price-to-earnings-growth ratio of 0.95 and a beta of 1.08. Schneider National, Inc. has a 12 month low of $20.11 and a 12 month high of $30.98. The company’s fifty day moving average price is $28.53 and its two-hundred day moving average price is $25.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.23 and a quick ratio of 1.93.

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

Schneider National Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Schneider National’s previous quarterly dividend of $0.10. Schneider National’s payout ratio is currently 64.41%.

Schneider National announced that its board has authorized a stock repurchase program on Wednesday, January 28th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the company to buy up to 2.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have recently commented on SNDR shares. Susquehanna upped their price target on shares of Schneider National from $19.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Bank of America upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Friday, January 9th. Benchmark reaffirmed a “buy” rating on shares of Schneider National in a report on Thursday, January 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Schneider National in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.43.

Institutional Trading of Schneider National

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its stake in Schneider National by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,857,023 shares of the company’s stock valued at $128,859,000 after purchasing an additional 83,356 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Schneider National by 10.7% in the second quarter. First Trust Advisors LP now owns 3,962,710 shares of the company’s stock valued at $95,700,000 after buying an additional 381,898 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Schneider National by 14.8% during the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock valued at $72,238,000 after acquiring an additional 386,340 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Schneider National by 64.9% during the 4th quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock valued at $55,115,000 after acquiring an additional 817,259 shares during the last quarter. Finally, Deprince Race & Zollo Inc. boosted its stake in shares of Schneider National by 15.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,825,534 shares of the company’s stock worth $48,431,000 after acquiring an additional 249,258 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.

Schneider National Company Profile

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.