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

Jane Street Group LLC increased its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 161.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,105 shares of the company's stock after buying an additional 25,370 shares during the quarter. Jane Street Group LLC's holdings in Schneider National were worth $1,204,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SNDR. First Trust Advisors LP grew its stake in Schneider National by 87.8% in the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after purchasing an additional 1,028,789 shares during the period. American Century Companies Inc. grew its position in shares of Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock valued at $72,320,000 after acquiring an additional 306,275 shares during the period. Raymond James Financial Inc. bought a new position in shares of Schneider National during the 4th quarter valued at approximately $5,349,000. Vanguard Group Inc. grew its position in shares of Schneider National by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock valued at $127,940,000 after acquiring an additional 172,418 shares during the period. Finally, GW&K Investment Management LLC grew its position in shares of Schneider National by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock valued at $58,204,000 after acquiring an additional 158,505 shares during the period. Institutional investors own 28.54% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Evercore ISI reduced their target price on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Wells Fargo & Company cut their price target on 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. JPMorgan Chase & Co. cut their price target on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Stephens reiterated an "equal weight" rating and set a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Finally, Bank of America raised their price objective on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Nine investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of "Hold" and a consensus price target of $26.50.

Schneider National Stock Performance

Shares of SNDR opened at $24.22 on Wednesday. The company has a market cap of $4.24 billion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average price of $22.84 and a 200-day moving average price of $27.08. Schneider National, Inc. has a 12-month low of $20.59 and a 12-month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the firm posted $0.11 EPS. The firm's revenue was up 6.3% compared to the same quarter last year. As a group, equities analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be given a $0.095 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.57%. Schneider National's payout ratio is 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.

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