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

Two Sigma Investments LP raised its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 46.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 407,375 shares of the company's stock after purchasing an additional 129,332 shares during the period. Two Sigma Investments LP owned 0.23% of Schneider National worth $11,928,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. First Trust Advisors LP grew its position 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 worth $64,429,000 after buying an additional 1,028,789 shares during the last quarter. American Century Companies Inc. grew its position in shares of Schneider National by 14.2% in the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock worth $72,320,000 after buying an additional 306,275 shares during the last quarter. Balyasny Asset Management L.P. grew its position in shares of Schneider National by 4,324.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock worth $9,152,000 after buying an additional 305,497 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Schneider National in the 4th quarter worth approximately $5,349,000. Finally, Vanguard Group Inc. grew its position in shares of Schneider National by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock worth $127,940,000 after buying an additional 172,418 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Stock Performance

NYSE SNDR traded up $0.21 on Thursday, hitting $23.35. 151,176 shares of the company's stock traded hands, compared to its average volume of 818,377. 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 1-year low of $20.59 and a 1-year high of $33.90. The firm's 50-day moving average price is $22.83 and its two-hundred day moving average price is $26.83. The firm has a market capitalization of $4.09 billion, a PE ratio of 35.88, a P/E/G ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The business had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the business posted $0.11 EPS. The business's quarterly revenue was up 6.3% compared to the same quarter last year. As a group, analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, June 13th. Schneider National's dividend payout ratio is currently 54.29%.

Wall Street Analyst Weigh In

A number of research firms recently commented on SNDR. Evercore ISI lowered their target price on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. JPMorgan Chase & Co. lowered their target price on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Bank of America lifted their target price on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. The Goldman Sachs Group lowered their target price on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Finally, Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and lowered their target price for the stock from $25.00 to $23.00 in a research note on Tuesday, April 8th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $26.50.

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.