GSA Capital Partners LLP Takes Position in Schneider National, Inc. (NYSE:SNDR)

GSA Capital Partners LLP bought a new position in shares of Schneider National, Inc. (NYSE:SNDR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,982 shares of the company’s stock, valued at approximately $713,000.

Several other hedge funds have also recently bought and sold shares of SNDR. Deprince Race & Zollo Inc. purchased a new stake in Schneider National during the second quarter worth approximately $30,072,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Schneider National in the second quarter valued at about $15,216,000. Encompass Capital Advisors LLC acquired a new position in shares of Schneider National during the second quarter worth about $12,376,000. Earnest Partners LLC boosted its position in shares of Schneider National by 25.5% in the second quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after buying an additional 440,545 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Schneider National by 10.6% in the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after buying an additional 388,913 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of SNDR opened at $30.21 on Monday. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $32.14. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The stock has a fifty day moving average price of $28.40 and a 200 day moving average price of $25.75. The company has a market cap of $5.29 billion, a P/E ratio of 48.73, a PEG ratio of 3.67 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released 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). The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, research analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.26%. Schneider National’s dividend payout ratio is presently 61.29%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SNDR. Bank of America raised shares of Schneider National from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $27.00 to $34.00 in a research report on Thursday, November 7th. Benchmark upped their price objective on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Stifel Nicolaus lifted their target price on Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Citigroup downgraded 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 report on Tuesday, November 12th. Finally, The Goldman Sachs Group dropped their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $28.31.

Schneider National Company 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.