Squarepoint Ops LLC Buys Shares of 28,915 Schneider National, Inc. (NYSE:SNDR)

Squarepoint Ops LLC acquired a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,915 shares of the company's stock, valued at approximately $847,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Truist Financial Corp increased its stake in shares of Schneider National by 0.6% in the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after purchasing an additional 528 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after acquiring an additional 612 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Schneider National by 4.1% in the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock valued at $646,000 after acquiring an additional 867 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of 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 acquiring an additional 910 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Schneider National by 1.7% in the fourth quarter. Orion Portfolio Solutions LLC now owns 56,123 shares of the company's stock worth $1,643,000 after acquiring an additional 916 shares during the period. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Schneider National Trading Up 0.0%

Shares of NYSE SNDR traded up $0.01 during midday trading on Thursday, hitting $23.93. The company's stock had a trading volume of 1,063,689 shares, compared to its average volume of 824,123. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The business's 50 day moving average is $22.87 and its two-hundred day moving average is $26.52. Schneider National, Inc. has a 12-month low of $20.59 and a 12-month high of $33.90. The firm has a market cap of $4.19 billion, a P/E ratio of 36.81, a price-to-earnings-growth 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 company had revenue of $1.40 billion for 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%. Schneider National's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the business posted $0.11 EPS. As a group, equities research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.095 per share. The ex-dividend date is Friday, June 13th. This represents a $0.38 annualized dividend and a yield of 1.59%. Schneider National's payout ratio is currently 54.29%.

Wall Street Analyst Weigh In

SNDR has been the subject of a number of recent analyst reports. National Bankshares set a $25.00 price objective on Schneider National in a research note on Friday, March 28th. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $24.00 to $32.00 in a research note on Monday. UBS Group dropped their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Benchmark dropped their price target on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Bank of America increased their price target on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $27.14.

Schneider National 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.