Bayesian Capital Management LP Purchases Shares of 31,500 Schneider National, Inc. (NYSE:SNDR)

Bayesian Capital Management LP purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 31,500 shares of the company's stock, valued at approximately $922,000.

Several other institutional investors have also recently modified their holdings of SNDR. Dimensional Fund Advisors LP boosted its stake in Schneider National by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock worth $129,128,000 after buying an additional 144,133 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Schneider National by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock valued at $127,940,000 after purchasing an additional 172,418 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock worth $72,320,000 after buying an additional 306,275 shares during the last quarter. First Trust Advisors LP boosted its holdings in Schneider National by 87.8% in the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after acquiring an additional 1,028,789 shares during the last quarter. Finally, GW&K Investment Management LLC grew its position in Schneider National by 8.7% during the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock valued at $58,204,000 after acquiring an additional 158,505 shares during the period. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Bank of America reaffirmed a "neutral" rating and issued a $25.00 price target (down from $34.00) on shares of Schneider National in a report on Friday, March 28th. Citigroup upgraded Schneider National from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $25.00 to $23.00 in a research report on Tuesday, April 8th. Stephens reiterated an "equal weight" rating and set a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Finally, Stifel Nicolaus dropped their price objective on shares of Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a report on Friday, May 2nd. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Schneider National presently has an average rating of "Hold" and an average target price of $26.43.

Schneider National Stock Performance

Shares of SNDR stock traded down $0.05 during mid-day trading on Friday, reaching $22.98. 522,464 shares of the company's stock traded hands, compared to its average volume of 813,474. The firm has a market capitalization of $4.03 billion, a PE ratio of 35.35, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90. The firm has a 50 day moving average price of $22.89 and a two-hundred day moving average price of $27.27. 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 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. 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 for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the firm posted $0.11 earnings per share. The business's revenue was up 6.3% compared to the same quarter last year. On average, research analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

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 given a dividend of $0.095 per share. The ex-dividend date is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.65%. Schneider National's payout ratio is 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.