OneDigital Investment Advisors LLC Makes New $204,000 Investment in Schneider National, Inc. (NYSE:SNDR)

OneDigital Investment Advisors LLC purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR) during the fourth quarter, Holdings Channel.com reports. The firm purchased 6,983 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds have also made changes to their positions in SNDR. Dimensional Fund Advisors LP grew its stake in Schneider National by 3.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company’s stock valued at $129,128,000 after acquiring an additional 144,133 shares in the last quarter. Vanguard Group Inc. grew its position in Schneider National by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock valued at $127,940,000 after purchasing an additional 172,418 shares in the last quarter. American Century Companies Inc. increased its stake in Schneider National by 14.2% in the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company’s stock valued at $72,320,000 after buying an additional 306,275 shares during the period. First Trust Advisors LP lifted its position in Schneider National by 87.8% in the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company’s stock worth $64,429,000 after buying an additional 1,028,789 shares in the last quarter. Finally, GW&K Investment Management LLC boosted its stake in shares of Schneider National by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock valued at $58,204,000 after buying an additional 158,505 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on SNDR. JPMorgan Chase & Co. cut their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Wells Fargo & Company cut their price target on Schneider National from $32.00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday, March 27th. Benchmark lowered their price target on Schneider National from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Monday, April 14th. 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 report on Friday, March 28th. Finally, Susquehanna decreased their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $26.93.

Schneider National Stock Down 1.2 %

Schneider National stock opened at $21.69 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National, Inc. has a fifty-two week low of $20.61 and a fifty-two week high of $33.90. The firm has a fifty day moving average price of $23.51 and a two-hundred day moving average price of $27.57. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 33.37, a P/E/G ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share 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 in the previous year, the firm posted $0.16 earnings per share. As a group, analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

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.