Barclays PLC Increases Holdings in Schneider National, Inc. (NYSE:SNDR)

Barclays PLC increased its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 103.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,994 shares of the company's stock after buying an additional 22,876 shares during the quarter. Barclays PLC's holdings in Schneider National were worth $1,317,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC increased its holdings 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 valued at $38,000 after purchasing an additional 450 shares during the period. Huntington National Bank boosted its holdings in shares of Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock valued at $41,000 after acquiring an additional 997 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after purchasing an additional 612 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock worth $46,000 after buying an additional 1,350 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Schneider National in the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on SNDR. Benchmark decreased their target price on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Susquehanna dropped their target price on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Stephens restated an "equal weight" rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Citigroup raised Schneider National from a "sell" rating to a "neutral" rating and reduced their price objective for the stock from $25.00 to $23.00 in a report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Schneider National currently has a consensus rating of "Hold" and a consensus price target of $26.43.

Schneider National Trading Down 2.0 %

Shares of SNDR stock traded down $0.45 during trading hours on Tuesday, hitting $22.29. 549,228 shares of the company were exchanged, compared to its average volume of 814,318. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The firm has a fifty day moving average of $23.07 and a 200 day moving average of $27.37. The firm has a market cap of $3.91 billion, a PE ratio of 34.28, a PEG ratio of 0.54 and a beta of 1.11. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

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

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National's dividend payout ratio is currently 54.29%.

Schneider National Company 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.