Schneider National, Inc. (NYSE:SNDR) Shares Purchased by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC raised its position in Schneider National, Inc. (NYSE:SNDR) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 381,950 shares of the company’s stock after buying an additional 24,600 shares during the period. Ceredex Value Advisors LLC’s holdings in Schneider National were worth $11,183,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC boosted 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 valued at $38,000 after acquiring an additional 450 shares during the period. Huntington National Bank grew its position in Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after buying an additional 997 shares in the last quarter. SRS Capital Advisors Inc. increased 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 during the period. Blue Trust Inc. raised its stake in shares of Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after buying an additional 1,350 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Schneider National during the 4th quarter valued at about $48,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Trading Down 2.2 %

Shares of SNDR stock opened at $21.72 on Thursday. The firm has a 50-day moving average price of $24.49 and a 200 day moving average price of $27.90. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a market capitalization of $3.81 billion, a P/E ratio of 33.42, a P/E/G ratio of 0.54 and a beta of 1.10. 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 released its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting 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 in the prior year, the company earned $0.16 earnings per share. Research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were given a dividend of $0.095 per share. The ex-dividend date was Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.75%. Schneider National’s dividend payout ratio is 58.46%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. National Bankshares set a $25.00 target price on Schneider National in a research report on Friday, March 28th. Stifel Nicolaus dropped their price target on shares of Schneider National from $30.00 to $25.00 and set a “hold” rating on the stock in a research note on Monday. Susquehanna cut their price objective on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 26th. The Goldman Sachs Group decreased their price target on Schneider National from $28.00 to $23.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $30.00 target price (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $27.14.

Schneider National 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.