Jane Street Group LLC Purchases 25,370 Shares of Schneider National, Inc. (NYSE:SNDR)

Jane Street Group LLC raised its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 161.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,105 shares of the company's stock after acquiring an additional 25,370 shares during the period. Jane Street Group LLC's holdings in Schneider National were worth $1,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. lifted its position in Schneider National by 13.6% in the 3rd quarter. Franklin Resources Inc. now owns 21,734 shares of the company's stock valued at $603,000 after acquiring an additional 2,594 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Schneider National by 32.6% during the fourth quarter. Park Avenue Securities LLC now owns 22,812 shares of the company's stock valued at $668,000 after purchasing an additional 5,613 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Schneider National by 766.0% during the fourth quarter. SG Americas Securities LLC now owns 33,203 shares of the company's stock valued at $972,000 after purchasing an additional 29,369 shares in the last quarter. FCG Investment Co boosted its position in shares of Schneider National by 13.9% during the fourth quarter. FCG Investment Co now owns 12,540 shares of the company's stock valued at $367,000 after buying an additional 1,534 shares during the last quarter. Finally, Impact Partnership Wealth LLC purchased a new position in Schneider National in the 4th quarter worth about $205,000. 28.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Benchmark dropped their price target 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. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and dropped their target price for the stock from $25.00 to $23.00 in a report on Tuesday, April 8th. Wells Fargo & Company decreased their target price on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. The Goldman Sachs Group dropped their price target on Schneider National from $28.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. cut their price objective on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $26.50.

Schneider National Stock Performance

Shares of NYSE:SNDR traded down $0.28 during mid-day trading on Monday, reaching $23.26. 647,702 shares of the company traded hands, compared to its average volume of 819,970. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The firm has a market cap of $4.07 billion, a PE ratio of 35.78, a PEG ratio of 0.54 and a beta of 1.11. The company's 50 day moving average price is $22.82 and its 200-day moving average price is $26.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The company's revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. On average, equities analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.63%. Schneider National's dividend payout ratio is presently 54.29%.

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.