Schneider National, Inc. (NYSE:SNDR) is Goodman Financial Corp’s 8th Largest Position

Goodman Financial Corp lowered its position in shares of Schneider National, Inc. (NYSE:SNDR) by 2.6% during the fourth quarter, HoldingsChannel reports. The firm owned 506,717 shares of the company’s stock after selling 13,468 shares during the period. Schneider National accounts for approximately 3.2% of Goodman Financial Corp’s holdings, making the stock its 8th largest holding. Goodman Financial Corp’s holdings in Schneider National were worth $14,837,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after purchasing an additional 450 shares in the last quarter. Truist Financial Corp grew its stake in shares of Schneider National by 0.6% during the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after acquiring an additional 528 shares in the last quarter. SRS Capital Advisors Inc. grew its stake 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. Exchange Traded Concepts LLC increased its position in shares of Schneider National by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after acquiring an additional 710 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of Schneider National by 4.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company’s stock worth $574,000 after acquiring an additional 910 shares in the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Stock Down 0.1 %

NYSE:SNDR opened at $23.16 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average of $27.45 and a 200-day moving average of $28.64. The firm has a market capitalization of $4.06 billion, a PE ratio of 35.63, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 company posted $0.16 earnings per share. Analysts predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.64%. Schneider National’s dividend payout ratio (DPR) is presently 58.46%.

Analyst Upgrades and Downgrades

SNDR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Stephens reaffirmed an “equal weight” rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Bank of America raised their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company upped their target price on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. Finally, TD Cowen lifted their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Schneider National has a consensus rating of “Hold” and a consensus price target of $30.85.

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.