Copeland Capital Management LLC Lowers Position in Schneider National, Inc. (NYSE:SNDR)

Copeland Capital Management LLC reduced 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 13F filing with the SEC. The fund 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 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the business. First Trust Advisors LP grew its stake in shares of 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 buying an additional 1,028,789 shares during the period. American Century Companies Inc. grew its stake in Schneider National by 14.2% in the fourth 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. Balyasny Asset Management L.P. increased its holdings in shares of Schneider National by 4,324.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock valued at $9,152,000 after acquiring an additional 305,497 shares in the last quarter. Woodline Partners LP bought a new position in shares of Schneider National in the 4th quarter worth $8,453,000. Finally, Two Sigma Advisers LP grew its position in Schneider National by 40.4% in the 4th quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock valued at $20,581,000 after purchasing an additional 202,100 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SNDR. Evercore ISI reduced their price objective on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. National Bankshares set a $25.00 price objective on Schneider National in a research note on Friday, March 28th. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Stifel Nicolaus dropped their price target on shares of Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a research report on Friday, May 2nd. Finally, UBS Group dropped their target price on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Schneider National has a consensus rating of "Hold" and a consensus price target of $27.00.

Schneider National Stock Performance

SNDR traded up $0.87 during trading hours on Tuesday, hitting $25.02. The stock had a trading volume of 823,299 shares, compared to its average volume of 816,904. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The company's fifty day simple moving average is $23.53 and its 200 day simple moving average is $25.52. The stock has a market cap of $4.38 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 0.73 and a beta of 1.10. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.19.

Schneider National (NYSE:SNDR - Get Free Report) last posted 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 firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. Schneider National had a net margin of 2.32% and a return on equity of 4.37%. The company's revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $0.11 earnings per share. Equities analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National's dividend payout ratio (DPR) 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.