Schneider National, Inc. (NYSE:SNDR) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 40.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 702,900 shares of the company's stock after purchasing an additional 202,100 shares during the period. Two Sigma Advisers LP owned approximately 0.40% of Schneider National worth $20,581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank increased its stake in Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after purchasing an additional 997 shares during the period. SRS Capital Advisors Inc. boosted its position in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after buying an additional 612 shares during the period. Blue Trust Inc. grew its stake in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock worth $46,000 after acquiring an additional 1,350 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Schneider National during the fourth quarter valued at approximately $48,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Schneider National by 4,856.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company's stock valued at $69,000 after purchasing an additional 2,331 shares during the period. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.28 on Monday, hitting $23.26. The company's stock had a trading volume of 647,702 shares, compared to its average volume of 819,970. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The firm has a fifty day moving average price of $22.82 and a 200-day moving average price of $26.93. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11.

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

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be given 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 dividend yield of 1.63%. Schneider National's dividend payout ratio is currently 54.29%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. The Goldman Sachs Group lowered their target price on Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company lowered their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Stephens restated an "equal weight" rating and set a $30.00 target price (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Susquehanna cut their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 26th. Finally, Stifel Nicolaus cut their price objective on Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a report on Friday, May 2nd. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price 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.