Cerity Partners LLC Has $829,000 Stock Position in Schneider National, Inc. (NYSE:SNDR)

Cerity Partners LLC decreased its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 47.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,289 shares of the company's stock after selling 32,160 shares during the quarter. Cerity Partners LLC's holdings in Schneider National were worth $829,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. boosted its position in shares of Schneider National by 2.6% in the first quarter. Principal Financial Group Inc. now owns 233,660 shares of the company's stock worth $5,339,000 after buying an additional 5,925 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of Schneider National in the first quarter worth $395,000. New York State Teachers Retirement System boosted its position in shares of Schneider National by 33.6% in the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company's stock worth $422,000 after buying an additional 4,637 shares during the period. KBC Group NV acquired a new stake in shares of Schneider National in the first quarter worth $28,000. Finally, Oppenheimer Asset Management Inc. boosted its position in shares of Schneider National by 2.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 121,172 shares of the company's stock worth $2,769,000 after buying an additional 3,451 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Stock Performance

Shares of Schneider National stock traded up $0.03 during trading on Friday, reaching $26.02. The company's stock had a trading volume of 700,689 shares, compared to its average volume of 795,532. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.74 and a current ratio of 1.90. The business's fifty day moving average price is $24.59 and its 200-day moving average price is $25.05. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 37.16, a price-to-earnings-growth ratio of 0.78 and a beta of 1.10. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 earnings per share. As a group, equities research analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Friday, June 13th were paid a dividend of $0.095 per share. The ex-dividend date was Friday, June 13th. This represents a $0.38 annualized dividend and a yield of 1.46%. Schneider National's dividend payout ratio is 54.29%.

Analysts Set New Price Targets

SNDR has been the subject of several recent analyst reports. Baird R W raised Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. UBS Group reduced their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Citigroup upped 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. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and raised their price target for the stock from $24.00 to $32.00 in a research note on Monday, June 2nd. Finally, Stifel Nicolaus lowered their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, May 2nd. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $27.29.

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.