Barclays PLC Acquires 22,876 Shares of Schneider National, Inc. (NYSE:SNDR)

Barclays PLC lifted its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 103.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC grew its holdings in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after buying an additional 450 shares during the period. Truist Financial Corp grew its position in shares of Schneider National by 0.6% in the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company's stock valued at $2,595,000 after purchasing an additional 528 shares during the period. SRS Capital Advisors Inc. raised its holdings in Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after buying an additional 612 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock valued at $822,000 after buying an additional 710 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in shares of Schneider National by 4.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company's stock worth $574,000 after acquiring an additional 910 shares during the period. 28.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SNDR. 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 research report on Tuesday, April 8th. Stifel Nicolaus decreased their price objective on Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a report on Friday, May 2nd. JPMorgan Chase & Co. reduced their price target on Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. UBS Group decreased their price target on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Stephens reaffirmed an "equal weight" rating and issued a $30.00 target price (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Schneider National currently has a consensus rating of "Hold" and an average target price of $26.43.

Schneider National Stock Performance

NYSE SNDR traded down $0.23 on Friday, hitting $22.80. 106,288 shares of the stock traded hands, compared to its average volume of 810,171. The business's fifty day moving average is $22.93 and its two-hundred day moving average is $27.31. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 35.08, a PEG 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.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results 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. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.11 EPS. As a group, equities analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal 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 issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Friday, June 13th. Schneider National's payout ratio is currently 54.29%.

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.