Schneider National, Inc. (NYSE:SNDR) Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,410,100 shares of the company's stock after acquiring an additional 144,133 shares during the period. Dimensional Fund Advisors LP owned about 2.52% of Schneider National worth $129,128,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its position in Schneider National by 780.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company's stock valued at $372,000 after buying an additional 11,312 shares during the period. Raymond James Financial Inc. purchased a new position in Schneider National during the fourth quarter valued at approximately $5,349,000. Geode Capital Management LLC increased its holdings in shares of Schneider National by 18.4% in the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company's stock valued at $21,305,000 after acquiring an additional 115,814 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Schneider National in the 4th quarter valued at about $997,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Schneider National during the fourth quarter worth $349,000. Institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.37 on Wednesday, hitting $21.33. The company's stock had a trading volume of 636,252 shares, compared to its average volume of 814,921. The firm has a fifty day moving average price of $23.51 and a 200-day moving average price of $27.57. The company has a market capitalization of $3.74 billion, a P/E ratio of 32.82, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. 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, January 30th. The company reported $0.20 EPS for the quarter, meeting analysts' consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the prior year, the company earned $0.16 earnings per share. On average, equities research analysts expect that Schneider National, Inc. will post 1.12 earnings per share 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 paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.78%. Schneider National's dividend payout ratio is currently 58.46%.

Wall Street Analysts Forecast Growth

SNDR has been the topic of a number of recent research reports. Susquehanna dropped their target price on Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 26th. The Goldman Sachs Group dropped their price target on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Benchmark decreased their price objective on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Stifel Nicolaus reduced their price target on shares of Schneider National from $30.00 to $25.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company decreased their target price on Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $26.93.

About Schneider National

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.