Schneider National, Inc. (NYSE:SNDR) Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. trimmed its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 15.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,000 shares of the company’s stock after selling 10,000 shares during the quarter. Nicolet Bankshares Inc.’s holdings in Schneider National were worth $1,640,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. FMR LLC grew its stake in shares of Schneider National by 44.5% during the 3rd quarter. FMR LLC now owns 27,904 shares of the company’s stock worth $796,000 after purchasing an additional 8,593 shares during the period. BNP Paribas Financial Markets grew its position in Schneider National by 356.5% during the third quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company’s stock worth $140,000 after buying an additional 3,822 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock worth $3,724,000 after acquiring an additional 17,573 shares during the period. HighTower Advisors LLC purchased a new position in Schneider National in the 3rd quarter valued at approximately $345,000. Finally, Stifel Financial Corp raised its holdings in Schneider National by 7.0% during the third quarter. Stifel Financial Corp now owns 98,155 shares of the company’s stock worth $2,801,000 after purchasing an additional 6,415 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of NYSE SNDR opened at $22.27 on Friday. 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 firm has a market capitalization of $3.91 billion, a PE ratio of 34.26, a P/E/G ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.90. The business’s fifty day moving average price is $24.92 and its two-hundred day moving average price is $28.03.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the prior year, the firm posted $0.16 EPS. On average, research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend was Friday, March 14th. Schneider National’s dividend payout ratio is currently 58.46%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SNDR. Citigroup upgraded shares of Schneider National from a “sell” rating to a “neutral” rating and cut their target price for the stock from $25.00 to $23.00 in a research report on Tuesday. Bank of America reaffirmed a “neutral” rating and set a $25.00 price objective (down previously from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Stifel Nicolaus upped their target price on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. cut their price objective on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Susquehanna decreased their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 26th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Schneider National presently has a consensus rating of “Hold” and an average target price of $27.79.

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.