UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 20,779 Shares of Schneider National, Inc. (NYSE:SNDR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 15.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 151,253 shares of the company's stock after acquiring an additional 20,779 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.09% of Schneider National worth $4,429,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Truist Financial Corp raised its position in Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after acquiring an additional 528 shares in the last quarter. SRS Capital Advisors Inc. raised its position in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after acquiring an additional 612 shares in the last quarter. Captrust Financial Advisors raised its position in Schneider National by 4.1% in the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock worth $646,000 after acquiring an additional 867 shares in the last quarter. Avantax Advisory Services Inc. raised its position in 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 in the last quarter. Finally, Orion Portfolio Solutions LLC raised its position in 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 in the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on SNDR shares. UBS Group dropped their price target on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Citigroup upgraded Schneider National from a "sell" rating to a "neutral" rating and cut their price objective for the stock from $25.00 to $23.00 in a report on Tuesday, April 8th. Susquehanna cut their price objective on Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a report on Wednesday, March 26th. National Bankshares set a $25.00 price objective on Schneider National in a report on Friday, March 28th. Finally, Evercore ISI cut their price objective on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $27.14.

Schneider National Stock Performance

Shares of SNDR traded up $0.18 during mid-day trading on Friday, hitting $24.10. The company's stock had a trading volume of 541,899 shares, compared to its average volume of 823,793. The firm has a market capitalization of $4.22 billion, a PE ratio of 37.07, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The stock's 50-day moving average is $22.90 and its two-hundred day moving average is $26.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR - Get Free Report) last issued its 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. The firm had revenue of $1.40 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period last year, the business earned $0.11 earnings per share. As a group, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

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 given a $0.095 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 annualized dividend and a yield of 1.58%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

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.