GAMMA Investing LLC Boosts Holdings in Schneider National, Inc. (NYSE:SNDR)

GAMMA Investing LLC lifted its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 1,128.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,041 shares of the company's stock after buying an additional 14,735 shares during the period. GAMMA Investing LLC's holdings in Schneider National were worth $367,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank increased its holdings 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 valued at $41,000 after purchasing an additional 997 shares during the period. SRS Capital Advisors Inc. boosted its position in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after buying an additional 612 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Schneider National in the 4th quarter worth approximately $48,000. CIBC Private Wealth Group LLC raised 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 buying an additional 2,331 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in Schneider National during the 4th quarter valued at approximately $76,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of SNDR stock traded up $0.13 during trading hours on Tuesday, hitting $24.28. 1,445,615 shares of the company's stock were exchanged, compared to its average volume of 821,674. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The firm has a market cap of $4.25 billion, a P/E ratio of 34.68, a P/E/G ratio of 0.71 and a beta of 1.10. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $23.33 and a two-hundred day moving average of $25.77.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $1.43 billion. During the same quarter last year, the business posted $0.11 earnings per share. The business's quarterly revenue was up 6.3% compared to the same quarter last year. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.57%. Schneider National's dividend payout ratio is presently 54.29%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on SNDR shares. UBS Group cut their price objective on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Susquehanna cut their price target 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. Bank of America lifted their price objective on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Evercore ISI lowered their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. Finally, Benchmark dropped their target price on Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Schneider National presently has a consensus rating of "Hold" and an average price target of $27.14.

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.