Aquatic Capital Management LLC Grows Stock Position in Schneider National, Inc. (NYSE:SNDR)

Aquatic Capital Management LLC grew its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 69.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,506 shares of the company's stock after purchasing an additional 12,106 shares during the quarter. Aquatic Capital Management LLC's holdings in Schneider National were worth $864,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SNDR. Franklin Resources Inc. lifted its stake in shares of Schneider National by 13.6% during 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 period. Principal Financial Group Inc. acquired a new stake in Schneider National during the 3rd quarter worth about $6,327,000. GAMMA Investing LLC grew its stake in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after purchasing an additional 450 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Schneider National in the fourth quarter valued at about $59,000. Finally, Park Avenue Securities LLC raised 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 purchasing an additional 5,613 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

Shares of NYSE SNDR traded down $0.30 during mid-day trading on Tuesday, reaching $22.44. The company's stock had a trading volume of 86,154 shares, compared to its average volume of 813,125. The stock has a 50-day moving average of $23.15 and a two-hundred day moving average of $27.41. 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 stock has a market capitalization of $3.94 billion, a P/E ratio of 34.53, a P/E/G ratio of 0.54 and a beta of 1.11. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90.

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

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Friday, June 13th. Schneider National's dividend payout ratio (DPR) is presently 54.29%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and cut their price objective for the stock from $25.00 to $23.00 in a research note on Tuesday, April 8th. Bank of America reissued a "neutral" rating and set a $25.00 price target (down from $34.00) on shares of Schneider National in a report on Friday, March 28th. UBS Group cut 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. Stephens reissued an "equal weight" rating and set a $30.00 target price (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. cut their price target on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, Schneider National presently has an average rating of "Hold" and a consensus price target 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.