Schneider National, Inc. (NYSE:SNDR) Shares Sold by Versor Investments LP

Versor Investments LP reduced its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 11.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,414 shares of the company’s stock after selling 1,419 shares during the quarter. Versor Investments LP’s holdings in Schneider National were worth $326,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its position in Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after acquiring an additional 493 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its position in Schneider National by 3.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after acquiring an additional 618 shares in the last quarter. Hilltop National Bank raised its position in Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares in the last quarter. California State Teachers Retirement System raised its position in Schneider National by 1.7% during the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after acquiring an additional 958 shares in the last quarter. Finally, Comerica Bank raised its position in Schneider National by 11.8% during the first quarter. Comerica Bank now owns 12,283 shares of the company’s stock valued at $278,000 after acquiring an additional 1,297 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and reduced their price target for the company from $32.00 to $30.00 in a research report on Tuesday. Benchmark boosted their price objective on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. cut their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Susquehanna cut their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, Robert W. Baird boosted their price objective on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $28.31.

Schneider National Stock Down 1.2 %

Shares of SNDR opened at $30.21 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a one year low of $20.50 and a one year high of $32.14. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 48.73, a PEG ratio of 3.80 and a beta of 0.85. The stock has a 50 day moving average price of $28.40 and a 200 day moving average price of $25.68.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Equities research analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

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.