31,621 Shares in Schneider National, Inc. (NYSE:SNDR) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,621 shares of the company's stock, valued at approximately $723,000.

A number of other institutional investors also recently made changes to their positions in the stock. KBC Group NV purchased a new position in shares of Schneider National in the 1st quarter worth $28,000. Huntington National Bank increased its position in shares of Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after acquiring an additional 997 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Schneider National in the 4th quarter valued at $48,000. CIBC Private Wealth Group LLC boosted its position in Schneider National by 4,856.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company's stock worth $69,000 after purchasing an additional 2,331 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in Schneider National in the 4th quarter valued at $76,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Stock Up 2.2%

Shares of SNDR stock traded up $0.56 on Tuesday, hitting $25.64. The company's stock had a trading volume of 204,849 shares, compared to its average volume of 822,900. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The firm's fifty day moving average price is $24.47 and its 200-day moving average price is $25.15. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 36.58, a P/E/G ratio of 0.75 and a beta of 1.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.90 and a quick ratio of 1.74.

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. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company posted $0.11 earnings per share. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. Research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 13th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend was Friday, June 13th. Schneider National's dividend payout ratio (DPR) is 54.29%.

Analyst Upgrades and Downgrades

SNDR has been the subject of several recent research reports. Benchmark lowered their target price on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Robert W. Baird began coverage on shares of Schneider National in a research report on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price target for the company. Wells Fargo & Company cut their price objective on shares of 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. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, UBS Group cut their price target on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Schneider National has an average 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.