Healthcare of Ontario Pension Plan Trust Fund Reduces Stock Holdings in Schneider National, Inc. (NYSE:SNDR)

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in Schneider National, Inc. (NYSE:SNDRGet Rating) by 53.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,058 shares of the company’s stock after selling 72,682 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Schneider National were worth $1,389,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SNDR. Front Row Advisors LLC lifted its holdings in Schneider National by 700.0% in the 1st quarter. Front Row Advisors LLC now owns 1,016 shares of the company’s stock worth $26,000 after purchasing an additional 889 shares in the last quarter. MetLife Investment Management LLC purchased a new position in Schneider National in the 1st quarter worth approximately $26,000. Atlas Capital Advisors LLC purchased a new position in Schneider National in the 1st quarter worth approximately $27,000. Quent Capital LLC lifted its holdings in Schneider National by 415.1% in the 1st quarter. Quent Capital LLC now owns 1,334 shares of the company’s stock worth $34,000 after purchasing an additional 1,075 shares in the last quarter. Finally, CWM LLC lifted its holdings in Schneider National by 55.7% in the 2nd quarter. CWM LLC now owns 1,549 shares of the company’s stock worth $35,000 after purchasing an additional 554 shares in the last quarter. 27.72% of the stock is owned by hedge funds and other institutional investors.

Schneider National Trading Down 0.5 %

Shares of NYSE SNDR opened at $25.45 on Friday. The business has a fifty day moving average price of $22.25 and a 200 day moving average price of $23.04. Schneider National, Inc. has a 1-year low of $20.26 and a 1-year high of $27.50. The stock has a market capitalization of $4.53 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 1.40 and a beta of 1.01. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.92 and a quick ratio of 1.86.

Schneider National (NYSE:SNDRGet Rating) last announced its earnings results on Thursday, October 27th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. Schneider National had a return on equity of 19.14% and a net margin of 7.28%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.73 billion. Equities research analysts expect that Schneider National, Inc. will post 2.62 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 10th. Investors of record on Friday, December 9th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.26%. The ex-dividend date is Thursday, December 8th. Schneider National’s dividend payout ratio is currently 11.85%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Citigroup reduced their price objective on Schneider National from $26.00 to $24.00 and set a “neutral” rating on the stock in a research note on Friday, October 7th. Credit Suisse Group cut their price objective on Schneider National from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, October 28th. Stifel Nicolaus cut their price objective on Schneider National from $31.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, October 5th. Evercore ISI upgraded Schneider National from an “in-line” rating to an “outperform” rating and set a $28.00 target price for the company in a report on Monday, August 22nd. Finally, UBS Group upgraded Schneider National from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $28.00 to $20.00 in a report on Friday, November 11th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $27.62.

Insider Activity at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00. Following the transaction, the insider now directly owns 134,497 shares of the company’s stock, valued at approximately $3,362,425. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 32.97% of the stock is currently owned by corporate insiders.

About Schneider National

(Get Rating)

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers standard long-haul and regional shipping services primarily through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as cross dock and customized solutions for time-sensitive loads.

Recommended Stories

Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.