Schneider National, Inc. (NYSE:SNDR) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 0.7% during the third quarter, Holdings Channel reports. The institutional investor owned 69,091 shares of the company’s stock after selling 517 shares during the period. Oppenheimer & Co. Inc.’s holdings in Schneider National were worth $1,972,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SNDR. The Manufacturers Life Insurance Company increased its stake in Schneider National by 3.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares in the last quarter. 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 worth $451,000 after acquiring an additional 618 shares in the last quarter. Hilltop National Bank raised its holdings in shares of Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares during the period. California State Teachers Retirement System lifted its position in shares of Schneider National by 1.7% in the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after acquiring an additional 958 shares in the last quarter. Finally, Comerica Bank boosted its stake in Schneider National by 11.8% in the 1st quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Trading Down 1.2 %

Shares of NYSE:SNDR opened at $30.21 on Monday. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $32.14. The firm has a fifty day moving average price of $28.40 and a 200 day moving average price of $25.75. 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 market capitalization of $5.29 billion, a PE ratio of 48.73, a P/E/G ratio of 3.67 and a beta of 0.85.

Schneider National (NYSE:SNDR) last issued 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). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Analysts expect that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s payout ratio is 61.29%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SNDR shares. Stifel Nicolaus boosted their target price on shares of Schneider National from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 11th. TD Cowen upped their price target on Schneider National from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Evercore ISI dropped their target price on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $28.31.

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.