Boxwood Ventures Inc. Has $981,000 Position in Schneider National, Inc. (NYSE:SNDR)

Key Points

• Boxwood Ventures Inc. reduced its holdings in Schneider National, Inc. by 27.1%, owning 42,768 shares valued at approximately $981,000.
• Several institutional investors have also made significant moves, with GAMMA Investing LLC increasing its stake by 1,128.3% during the first quarter.
• Stock analysts have mixed views on Schneider National, with eight holding a "hold" rating, five a "buy" rating, and one a "strong buy," while the average price target is $27.29.

Boxwood Ventures Inc. trimmed its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 27.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,768 shares of the company's stock after selling 15,865 shares during the quarter. Schneider National accounts for approximately 1.4% of Boxwood Ventures Inc.'s investment portfolio, making the stock its 19th biggest holding. Boxwood Ventures Inc.'s holdings in Schneider National were worth $981,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Schneider National by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock valued at $129,128,000 after buying an additional 144,133 shares during the period. Vanguard Group Inc. raised its stake in Schneider National by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock worth $127,940,000 after acquiring an additional 172,418 shares in the last quarter. First Trust Advisors LP raised its stake in Schneider National by 87.8% during the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock worth $64,429,000 after acquiring an additional 1,028,789 shares in the last quarter. Two Sigma Advisers LP increased its stake in Schneider National by 40.4% in the fourth quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock valued at $20,581,000 after purchasing an additional 202,100 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Schneider National by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 574,559 shares of the company's stock valued at $16,823,000 after purchasing an additional 21,017 shares during the period. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Trading Down 1.8%

Shares of Schneider National stock traded down $0.44 during trading hours on Monday, hitting $23.54. The company's stock had a trading volume of 114,488 shares, compared to its average volume of 806,786. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90. The business has a fifty day moving average of $24.81 and a 200 day moving average of $24.67. The company has a market capitalization of $4.13 billion, a PE ratio of 33.61, a P/E/G ratio of 0.76 and a beta of 1.11. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, meeting analysts' consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm posted $0.21 EPS. The firm's revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. Schneider National's dividend payout ratio (DPR) is 54.29%.

Analysts Set New Price Targets

Several analysts have recently weighed in on SNDR shares. Citigroup lifted their target price on shares of Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 9th. 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. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Stifel Nicolaus decreased 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. Finally, Bank of America boosted their price objective on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.29.

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.