Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Schneider National, Inc. (NYSE:SNDR) by 23.9% during the third quarter, HoldingsChannel reports. The fund owned 32,937 shares of the company’s stock after acquiring an additional 6,359 shares during the quarter. Natixis Advisors LLC’s holdings in Schneider National were worth $940,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SNDR. Vanguard Group Inc. grew its position in Schneider National by 10.6% during the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock worth $91,964,000 after buying an additional 388,913 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Schneider National by 3.2% in the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after buying an additional 618 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Schneider National by 16.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 12,109 shares of the company’s stock valued at $275,000 after buying an additional 1,699 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Schneider National by 1.7% during the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock worth $1,265,000 after buying an additional 958 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Schneider National in the 1st quarter worth about $468,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SNDR has been the subject of several recent research reports. The Goldman Sachs Group dropped their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. JPMorgan Chase & Co. cut their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. TD Cowen increased their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Susquehanna dropped their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $29.08.

Schneider National Stock Performance

NYSE SNDR opened at $32.85 on Thursday. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.60. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 53.35, a price-to-earnings-growth ratio of 3.88 and a beta of 0.85. The business has a fifty day moving average of $28.97 and a 200-day moving average of $26.21. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. As a group, analysts predict that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

Schneider National Company Profile

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.