Semanteon Capital Management LP Purchases Shares of 21,760 Schneider National, Inc. (NYSE:SNDR)

Semanteon Capital Management LP acquired a new position in Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 21,760 shares of the company’s stock, valued at approximately $554,000.

Other institutional investors have also recently modified their holdings of the company. Alaska Permanent Fund Corp grew its holdings in Schneider National by 0.5% during the fourth quarter. Alaska Permanent Fund Corp now owns 117,814 shares of the company’s stock worth $2,998,000 after acquiring an additional 619 shares during the period. New York State Common Retirement Fund lifted its position in Schneider National by 0.9% during the fourth quarter. New York State Common Retirement Fund now owns 996,414 shares of the company’s stock worth $25,359,000 after buying an additional 9,159 shares in the last quarter. Mackenzie Financial Corp lifted its position in Schneider National by 213.2% during the fourth quarter. Mackenzie Financial Corp now owns 86,064 shares of the company’s stock worth $2,190,000 after buying an additional 58,584 shares in the last quarter. International Assets Investment Management LLC lifted its position in Schneider National by 2,156.3% during the fourth quarter. International Assets Investment Management LLC now owns 19,088 shares of the company’s stock worth $486,000 after buying an additional 18,242 shares in the last quarter. Finally, Ceredex Value Advisors LLC lifted its position in Schneider National by 40.1% during the fourth quarter. Ceredex Value Advisors LLC now owns 690,800 shares of the company’s stock worth $17,635,000 after buying an additional 197,750 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on SNDR shares. TD Cowen reduced their target price on Schneider National from $28.00 to $26.00 and set an “outperform” rating on the stock in a research report on Friday, February 2nd. Stephens reissued an “equal weight” rating and set a $28.00 target price on shares of Schneider National in a research note on Monday, February 5th. Stifel Nicolaus lowered their target price on Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Susquehanna lowered their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, March 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $27.00 price objective on shares of Schneider National in a research report on Friday, April 12th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Schneider National has an average rating of “Hold” and an average price target of $28.07.

Schneider National Trading Up 0.2 %

Shares of SNDR stock traded up $0.05 during mid-day trading on Friday, hitting $21.36. 898,445 shares of the company’s stock were exchanged, compared to its average volume of 829,417. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $31.74. The stock has a 50-day simple moving average of $22.41 and a two-hundred day simple moving average of $23.74. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 1.41 and a beta of 0.89.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter last year, the business earned $0.64 EPS. Schneider National’s revenue for the quarter was down 12.2% compared to the same quarter last year. Equities analysts expect that Schneider National, Inc. will post 1.09 EPS for the current fiscal year.

Schneider National Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were issued a dividend of $0.095 per share. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.78%. Schneider National’s dividend payout ratio (DPR) is 28.57%.

About Schneider National

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.