Blueprint Investment Partners LLC bought a new stake in shares of Schneider National, Inc. (NYSE:SNDR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 195,523 shares of the company’s stock, valued at approximately $4,722,000. Blueprint Investment Partners LLC owned 0.11% of Schneider National at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in shares of Schneider National by 8.6% in the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company’s stock valued at $129,000 after purchasing an additional 448 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in Schneider National by 8.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 9,598 shares of the company’s stock worth $232,000 after purchasing an additional 775 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Schneider National by 7.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,068 shares of the company’s stock valued at $291,000 after buying an additional 821 shares in the last quarter. CWM LLC grew its holdings in Schneider National by 27.1% during the 2nd quarter. CWM LLC now owns 4,466 shares of the company’s stock valued at $108,000 after buying an additional 953 shares in the last quarter. Finally, KBC Group NV increased its position in shares of Schneider National by 86.3% during the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after buying an additional 1,061 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.
Schneider National Stock Down 0.7%
Shares of NYSE:SNDR opened at $20.62 on Friday. The firm has a market capitalization of $3.61 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 0.81 and a beta of 1.04. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 2.11. Schneider National, Inc. has a 52-week low of $20.11 and a 52-week high of $33.90. The firm has a fifty day moving average of $22.22 and a 200 day moving average of $23.70.
Schneider National Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Friday, December 12th will be given a $0.095 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.8%. Schneider National’s payout ratio is presently 59.38%.
Analysts Set New Price Targets
A number of research firms have recently commented on SNDR. Susquehanna cut their price objective on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. Stifel Nicolaus raised shares of Schneider National from a “hold” rating to a “buy” rating and cut their price target for the company from $26.00 to $25.00 in a report on Friday, October 3rd. Citigroup reduced their price target on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on Schneider National from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Schneider National has an average rating of “Hold” and an average target price of $25.64.
Get Our Latest Research Report on Schneider National
About Schneider National
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.
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