Quantinno Capital Management LP Raises Holdings in Schneider National, Inc. (NYSE:SNDR)

Quantinno Capital Management LP lifted its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 104.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 123,907 shares of the company's stock after acquiring an additional 63,250 shares during the period. Quantinno Capital Management LP owned approximately 0.07% of Schneider National worth $3,628,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Schneider National by 780.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company's stock worth $372,000 after acquiring an additional 11,312 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Schneider National in the fourth quarter valued at approximately $5,349,000. Proficio Capital Partners LLC purchased a new stake in Schneider National in the fourth quarter valued at approximately $997,000. KLP Kapitalforvaltning AS purchased a new stake in Schneider National in the fourth quarter valued at approximately $349,000. Finally, QRG Capital Management Inc. boosted its position in Schneider National by 9.0% in the fourth quarter. QRG Capital Management Inc. now owns 138,027 shares of the company's stock valued at $4,041,000 after buying an additional 11,392 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of SNDR stock traded down $0.28 during trading hours on Friday, hitting $23.26. 647,702 shares of the company's stock were exchanged, compared to its average volume of 819,942. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a market cap of $4.07 billion, a P/E ratio of 35.78, a P/E/G ratio of 0.54 and a beta of 1.11. The firm has a 50 day moving average of $22.82 and a two-hundred day moving average of $26.98. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90.

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

Schneider National Announces Dividend

The firm also recently announced 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. This represents a $0.38 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National's payout ratio is 54.29%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SNDR. Susquehanna dropped their target price 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. UBS Group dropped their target price on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Bank of America boosted 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. Wells Fargo & Company decreased their price target on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. Finally, Benchmark decreased their price target on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a report on Monday, April 14th. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $26.50.

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.