Quantinno Capital Management LP Boosts Stock Position in Schneider National, Inc. (NYSE:SNDR)

Quantinno Capital Management LP increased its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 104.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 123,907 shares of the company's stock after buying an additional 63,250 shares during the quarter. Quantinno Capital Management LP owned about 0.07% of Schneider National worth $3,628,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Truist Financial Corp lifted its position in Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after buying an additional 528 shares during the last quarter. SRS Capital Advisors Inc. lifted 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 worth $42,000 after buying an additional 612 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock worth $822,000 after buying an additional 710 shares during the last quarter. Captrust Financial Advisors lifted its position in Schneider National by 4.1% in the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock worth $646,000 after buying an additional 867 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in Schneider National by 4.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company's stock worth $574,000 after buying an additional 910 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SNDR. Stephens restated an "equal weight" rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Citigroup upgraded Schneider National from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $25.00 to $23.00 in a research report on Tuesday, April 8th. Wells Fargo & Company decreased their target price on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, March 27th. Bank of America lifted their target price on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. decreased their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $26.50.

Schneider National Stock Down 1.2%

Shares of Schneider National stock traded down $0.28 during trading on Friday, hitting $23.26. 647,702 shares of the stock traded hands, compared to its average volume of 819,970. The firm has a market cap of $4.07 billion, a P/E ratio of 35.78, 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. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. The stock's fifty day simple moving average is $22.82 and its 200 day simple moving average is $26.96.

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

Schneider National Announces Dividend

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

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.