Snowden Capital Advisors LLC Purchases 1,223 Shares of Schneider National, Inc. (NYSE:SNDR)

Snowden Capital Advisors LLC grew its position in Schneider National, Inc. (NYSE:SNDR) by 5.5% during the fourth quarter, HoldingsChannel reports. The firm owned 23,516 shares of the company’s stock after buying an additional 1,223 shares during the period. Snowden Capital Advisors LLC’s holdings in Schneider National were worth $691,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. lifted its position in shares of Schneider National by 13.6% during the 3rd quarter. Franklin Resources Inc. now owns 21,734 shares of the company’s stock valued at $603,000 after acquiring an additional 2,594 shares during the period. Park Avenue Securities LLC raised its holdings in Schneider National by 32.6% during the fourth quarter. Park Avenue Securities LLC now owns 22,812 shares of the company’s stock worth $668,000 after buying an additional 5,613 shares during the last quarter. SG Americas Securities LLC raised its holdings in Schneider National by 766.0% during the fourth quarter. SG Americas Securities LLC now owns 33,203 shares of the company’s stock worth $972,000 after buying an additional 29,369 shares during the last quarter. FCG Investment Co raised its holdings in Schneider National by 13.9% during the fourth quarter. FCG Investment Co now owns 12,540 shares of the company’s stock worth $367,000 after buying an additional 1,534 shares during the last quarter. Finally, Impact Partnership Wealth LLC acquired a new position in Schneider National during the fourth quarter worth $205,000. 28.54% of the stock is owned by institutional investors.

Schneider National Stock Down 1.4%

Shares of Schneider National stock opened at $24.22 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 37.26, a P/E/G ratio of 0.54 and a beta of 1.11. The company’s 50 day moving average price is $22.84 and its 200-day moving average price is $27.08.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 earnings per share. Equities research analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Friday, June 13th. Schneider National’s dividend payout ratio (DPR) is presently 54.29%.

Analyst Ratings Changes

Several brokerages have recently commented on SNDR. Susquehanna lowered their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 26th. National Bankshares set a $25.00 price target on shares of Schneider National in a research report on Friday, March 28th. Benchmark reduced their price target on shares of Schneider National from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Monday, April 14th. JPMorgan Chase & Co. reduced their price target on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Stifel Nicolaus reduced their price target on shares of Schneider National from $25.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, May 2nd. Nine 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, the company has an average rating of “Hold” and an average target price of $26.50.

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.