Copeland Capital Management LLC Decreases Holdings in Schneider National, Inc. (NYSE:SNDR)

Copeland Capital Management LLC decreased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 3.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,572,527 shares of the company's stock after selling 50,447 shares during the quarter. Copeland Capital Management LLC owned approximately 0.90% of Schneider National worth $35,932,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in shares of Schneider National by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 227,735 shares of the company's stock worth $6,668,000 after buying an additional 6,050 shares during the period. Bank of New York Mellon Corp grew its holdings in Schneider National by 2.6% during the 4th quarter. Bank of New York Mellon Corp now owns 644,120 shares of the company's stock valued at $18,860,000 after buying an additional 16,116 shares in the last quarter. Illinois Municipal Retirement Fund boosted its holdings in shares of Schneider National by 36.0% in the 4th quarter. Illinois Municipal Retirement Fund now owns 25,848 shares of the company's stock worth $757,000 after purchasing an additional 6,845 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of Schneider National by 2.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 117,721 shares of the company's stock worth $3,447,000 after purchasing an additional 2,780 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in Schneider National during the 4th quarter valued at $997,000. Institutional investors own 28.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on SNDR shares. Susquehanna decreased their target price on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research report on Wednesday, March 26th. National Bankshares set a $25.00 target price on Schneider National in a research note on Friday, March 28th. Evercore ISI dropped their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. Stifel Nicolaus dropped their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a research note on Friday, May 2nd. Finally, Bank of America increased their price objective on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $27.14.

Schneider National Price Performance

SNDR stock traded down $0.25 during mid-day trading on Monday, reaching $24.22. 144,003 shares of the company's stock were exchanged, compared to its average volume of 815,253. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 34.60, a price-to-earnings-growth ratio of 0.73 and a beta of 1.10. The stock's 50 day moving average is $23.48 and its 200 day moving average is $25.57. Schneider National, Inc. has a 12-month low of $20.59 and a 12-month high of $33.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.90 and a quick ratio of 1.74.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. The company had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share. On average, research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors 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 yield of 1.57%. Schneider National's payout ratio is 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.