GW&K Investment Management LLC Has $44.72 Million Stock Holdings in Schneider National, Inc. (NYSE:SNDR)

GW&K Investment Management LLC trimmed its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 1.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,957,064 shares of the company's stock after selling 30,779 shares during the quarter. GW&K Investment Management LLC owned about 1.12% of Schneider National worth $44,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. KBC Group NV acquired a new stake in Schneider National during the 1st quarter worth approximately $28,000. Huntington National Bank lifted its holdings in shares of Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company's stock valued at $41,000 after buying an additional 997 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of Schneider National in the 4th quarter valued at approximately $48,000. CIBC Private Wealth Group LLC lifted its holdings in shares of Schneider National by 4,856.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company's stock valued at $69,000 after buying an additional 2,331 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at approximately $76,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Stock Performance

Shares of NYSE SNDR traded down $0.18 during midday trading on Thursday, hitting $25.70. 207,477 shares of the company's stock were exchanged, compared to its average volume of 811,004. 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 stock's 50 day moving average price is $24.50 and its 200-day moving average price is $25.12. The firm has a market cap of $4.50 billion, a P/E ratio of 36.65, a PEG ratio of 0.76 and a beta of 1.10. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.16 EPS for the quarter, beating 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 company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the firm earned $0.11 EPS. The company's quarterly revenue was up 6.3% compared to the same quarter last year. Equities research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 13th were issued a dividend of $0.095 per share. 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

Several analysts have recently commented on the company. Baird R W raised Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Bank of America raised their price target on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Susquehanna reduced their price target on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Citigroup raised their price target on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 9th. Finally, UBS Group dropped their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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.