Schneider National, Inc. (NYSE:SNDR) Stock Holdings Lessened by Ameriprise Financial Inc.

Ameriprise Financial Inc. decreased its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 10.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 723,037 shares of the company's stock after selling 80,674 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.41% of Schneider National worth $21,171,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its holdings in Schneider National by 13.6% in the 3rd quarter. Franklin Resources Inc. now owns 21,734 shares of the company's stock worth $603,000 after acquiring an additional 2,594 shares during the period. Park Avenue Securities LLC boosted its holdings in Schneider National by 32.6% in the 4th quarter. Park Avenue Securities LLC now owns 22,812 shares of the company's stock worth $668,000 after acquiring an additional 5,613 shares during the period. SG Americas Securities LLC boosted its holdings in Schneider National by 766.0% in the 4th quarter. SG Americas Securities LLC now owns 33,203 shares of the company's stock worth $972,000 after acquiring an additional 29,369 shares during the period. FCG Investment Co boosted its holdings in Schneider National by 13.9% in the 4th quarter. FCG Investment Co now owns 12,540 shares of the company's stock worth $367,000 after acquiring an additional 1,534 shares during the period. Finally, Impact Partnership Wealth LLC purchased a new position in Schneider National in the 4th quarter worth approximately $205,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Stock Performance

Shares of SNDR traded up $0.15 during trading hours on Monday, reaching $24.55. 754,038 shares of the company's stock traded hands, compared to its average volume of 820,845. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 37.77, a P/E/G ratio of 0.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The business's fifty day simple moving average is $22.81 and its two-hundred day simple moving average is $27.13.

Schneider National (NYSE:SNDR - Get Free Report) last announced its 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. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The business had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter last year, the business posted $0.11 earnings per share. The company's quarterly revenue was up 6.3% on a year-over-year basis. Analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be given a $0.095 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.55%. Schneider National's dividend payout ratio (DPR) is 54.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. decreased their price target on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Bank of America upped their target price on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research report on Friday. Evercore ISI cut their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research report on Friday, May 2nd. Benchmark cut their target price on Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, The Goldman Sachs Group cut their target price on Schneider National from $28.00 to $23.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $26.50.

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.