Tudor Investment Corp ET AL Acquires New Holdings in Schneider National, Inc. (NYSE:SNDR)

Tudor Investment Corp ET AL purchased a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 26,871 shares of the company's stock, valued at approximately $787,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SNDR. Franklin Resources Inc. increased its stake in shares of Schneider National by 13.6% in the third quarter. Franklin Resources Inc. now owns 21,734 shares of the company's stock worth $603,000 after buying an additional 2,594 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock worth $38,000 after buying an additional 450 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Schneider National in the fourth quarter worth $59,000. Park Avenue Securities LLC increased its stake in shares of Schneider National by 32.6% in 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. Finally, SG Americas Securities LLC boosted its holdings in Schneider National by 766.0% in the fourth quarter. SG Americas Securities LLC now owns 33,203 shares of the company's stock worth $972,000 after purchasing an additional 29,369 shares during the period. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Performance

Shares of SNDR traded up $1.92 during midday trading on Monday, hitting $24.91. 589,407 shares of the stock traded hands, compared to its average volume of 823,010. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90. The firm has a market capitalization of $4.37 billion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The business's 50 day moving average price is $22.89 and its two-hundred day moving average price is $27.26.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The business had revenue of $1.40 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the business earned $0.11 earnings per share. The company's revenue was up 6.3% on a year-over-year basis. Equities research analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National's dividend payout ratio is currently 54.29%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNDR. UBS Group decreased their price objective on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, January 31st. The Goldman Sachs Group decreased their price objective on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Benchmark decreased their price objective on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Wells Fargo & Company decreased their price objective on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $26.43.

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.