Schneider National, Inc. (NYSE:SNDR) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC trimmed its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 34.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 249,652 shares of the company's stock after selling 130,220 shares during the period. Nuveen Asset Management LLC owned about 0.14% of Schneider National worth $7,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in shares of Schneider National by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock valued at $129,128,000 after acquiring an additional 144,133 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Schneider National by 4.1% in the fourth 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 in the last quarter. American Century Companies Inc. raised its holdings in shares of 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 in the last quarter. First Trust Advisors LP raised its holdings in shares of Schneider National by 87.8% in the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after acquiring an additional 1,028,789 shares in the last quarter. Finally, GW&K Investment Management LLC raised its holdings in shares of Schneider National by 8.7% in the fourth 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 in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Performance

Schneider National stock traded up $0.13 during mid-day trading on Monday, hitting $23.30. The company had a trading volume of 371,835 shares, compared to its average volume of 822,064. 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 12-month low of $20.59 and a 12-month high of $33.90. The company's fifty day moving average is $22.82 and its 200-day moving average is $26.65. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 35.85, a P/E/G ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. The business 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 quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 EPS. Equities research analysts predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Friday, June 13th. Schneider National's dividend payout ratio is presently 54.29%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on SNDR shares. Benchmark cut their target price on Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. UBS Group reduced their price objective on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. National Bankshares set a $25.00 price objective on shares of Schneider National in a research note on Friday, March 28th. Stephens restated 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, Susquehanna dropped their price target on Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 26th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Schneider National has an average rating of "Hold" and a consensus target price of $27.14.

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.