Engineers Gate Manager LP lifted its position in Schneider National Inc (NYSE:SNDR) by 81.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,386 shares of the company’s stock after acquiring an additional 31,062 shares during the period. Engineers Gate Manager LP’s holdings in Schneider National were worth $1,982,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at approximately $175,000. Pacer Advisors Inc. acquired a new stake in shares of Schneider National in the 3rd quarter valued at approximately $182,000. Meeder Asset Management Inc. acquired a new stake in shares of Schneider National in the 3rd quarter valued at approximately $195,000. Legal & General Group Plc acquired a new stake in shares of Schneider National in the 2nd quarter valued at approximately $173,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Schneider National in the 3rd quarter valued at approximately $207,000. Institutional investors and hedge funds own 21.28% of the company’s stock.
A number of brokerages recently weighed in on SNDR. Morgan Stanley increased their price target on shares of Schneider National from $26.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 8th. KeyCorp began coverage on shares of Schneider National in a research report on Tuesday, October 10th. They issued a “sector weight” rating on the stock. Wolfe Research downgraded shares of Schneider National from a “market perform” rating to an “underperform” rating in a research report on Monday. BidaskClub downgraded shares of Schneider National from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. Finally, Bank of America increased their price target on shares of Schneider National from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $29.70.
Shares of Schneider National Inc (NYSE:SNDR) opened at $27.14 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12. The company has a market cap of $4,802.27 and a P/E ratio of 28.88. Schneider National Inc has a fifty-two week low of $17.69 and a fifty-two week high of $30.00.
Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, February 1st. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. Schneider National had a net margin of 8.89% and a return on equity of 10.98%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the company posted $0.31 EPS. equities analysts anticipate that Schneider National Inc will post 1.4 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.06 per share. This is an increase from Schneider National’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 0.88%. The ex-dividend date is Wednesday, March 14th. Schneider National’s dividend payout ratio (DPR) is 9.01%.
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About Schneider National
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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