Aster Capital Management DIFC Ltd Purchases Shares of 1,640 Schneider National, Inc. (NYSE:SNDR)

Aster Capital Management DIFC Ltd purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR) during the fourth quarter, Holdings Channel.com reports. The firm purchased 1,640 shares of the company’s stock, valued at approximately $48,000.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the period. Huntington National Bank increased its holdings in shares of Schneider National by 237.9% during the fourth quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after acquiring an additional 997 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after acquiring an additional 1,350 shares in the last quarter. Finally, Future Financial Wealth Managment LLC bought a new stake in Schneider National in the 4th quarter worth about $59,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Citigroup raised Schneider National from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $25.00 to $23.00 in a research report on Tuesday. Stifel Nicolaus boosted their price target on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Bank of America reaffirmed a “neutral” rating and issued a $25.00 price objective (down previously from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Finally, Stephens reissued an “equal weight” rating and set a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $27.93.

Schneider National Stock Up 10.1 %

Shares of SNDR stock opened at $23.19 on Thursday. The firm has a market capitalization of $4.07 billion, a PE ratio of 35.68, a P/E/G ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The stock’s 50-day simple moving average is $25.19 and its 200-day simple moving average is $28.11. 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 (NYSE:SNDR) last posted its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter last year, the business earned $0.16 EPS. Equities analysts expect that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend was Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is 58.46%.

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.