Two Sigma Advisers LP Increases Stock Position in Schneider National, Inc. (NYSE:SNDR)

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. The institutional investor owned 702,900 shares of the company's stock after purchasing an additional 202,100 shares during the quarter. Two Sigma Advisers LP owned about 0.40% of Schneider National worth $20,581,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Two Sigma Investments LP raised its holdings in Schneider National by 46.5% in the 4th quarter. Two Sigma Investments LP now owns 407,375 shares of the company's stock worth $11,928,000 after purchasing an additional 129,332 shares in the last quarter. State of Wyoming raised its holdings in Schneider National by 82.4% in the 4th quarter. State of Wyoming now owns 3,607 shares of the company's stock worth $106,000 after purchasing an additional 1,629 shares in the last quarter. Snowden Capital Advisors LLC raised its holdings in Schneider National by 5.5% in the 4th quarter. Snowden Capital Advisors LLC now owns 23,516 shares of the company's stock worth $691,000 after purchasing an additional 1,223 shares in the last quarter. Quantinno Capital Management LP raised its holdings in Schneider National by 104.3% in the 4th quarter. Quantinno Capital Management LP now owns 123,907 shares of the company's stock worth $3,628,000 after purchasing an additional 63,250 shares in the last quarter. Finally, Occudo Quantitative Strategies LP bought a new position in Schneider National in the 4th quarter worth $217,000. 28.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SNDR shares. Evercore ISI decreased 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. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and decreased their price objective for the stock from $25.00 to $23.00 in a report on Tuesday, April 8th. UBS Group decreased their price target 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. Susquehanna decreased their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 26th. Finally, Wells Fargo & Company decreased their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $26.50.

Schneider National Stock Down 1.2%

NYSE:SNDR traded down $0.28 on Friday, reaching $23.26. 647,702 shares of the stock traded hands, compared to its average volume of 819,942. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 35.78, a PEG ratio of 0.54 and a beta of 1.11. 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 simple moving average is $22.82 and its 200 day simple moving average is $26.98.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. Schneider National's revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $0.11 EPS. Equities analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal 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 paid a dividend of $0.095 per share. The ex-dividend date is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.63%. Schneider National's dividend payout ratio is currently 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.