Advisors Preferred LLC Acquires Shares of 92,733 Schneider National, Inc. (NYSE:SNDR)

Advisors Preferred LLC acquired a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 92,733 shares of the company's stock, valued at approximately $2,126,000. Advisors Preferred LLC owned 0.05% of Schneider National at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SNDR. First Trust Advisors LP raised its holdings in shares of Schneider National by 87.8% in the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock worth $64,429,000 after purchasing an additional 1,028,789 shares during the period. American Century Companies Inc. grew its stake in Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock valued at $72,320,000 after purchasing an additional 306,275 shares in the last quarter. Balyasny Asset Management L.P. grew its position in shares of Schneider National by 4,324.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock worth $9,152,000 after acquiring an additional 305,497 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Schneider National in the 4th quarter worth approximately $8,453,000. Finally, Two Sigma Advisers LP grew its position in shares of Schneider National by 40.4% in the 4th quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock worth $20,581,000 after acquiring an additional 202,100 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Trading Up 0.1%

Shares of SNDR stock traded up $0.03 during trading hours on Friday, reaching $26.02. The company had a trading volume of 700,689 shares, compared to its average volume of 795,532. The company has a 50 day moving average of $24.59 and a 200 day moving average of $25.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.90 and a quick ratio of 1.74. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 37.16, a P/E/G ratio of 0.77 and a beta of 1.10. 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 announced its quarterly 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 firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a net margin of 2.32% and a return on equity of 4.37%. The business's revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. On average, equities research analysts anticipate 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 was paid on Thursday, July 10th. Stockholders of record on Friday, June 13th were issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.46%. The ex-dividend date was Friday, June 13th. Schneider National's payout ratio is 54.29%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SNDR shares. The Goldman Sachs Group upgraded Schneider National from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Evercore ISI decreased their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Citigroup lifted their target price on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Baird R W raised Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Bank of America raised their price target on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $27.29.

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.