59,232 Shares in Schneider National, Inc. (NYSE:SNDR) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired a new stake in Schneider National, purchasing 59,232 shares valued at approximately $1.35 million in the first quarter.
• Schneider National recently reported $1.42 billion in revenue for the last quarter, achieving a 7.9% increase year-over-year and matching the consensus earnings per share estimate of $0.21.
• The company announced a quarterly dividend of $0.095 per share, which is set to be paid on October 9th, representing an annualized dividend yield of 1.6%.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 59,232 shares of the company's stock, valued at approximately $1,353,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP raised its holdings in shares of Schneider National by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock valued at $129,128,000 after acquiring an additional 144,133 shares in the last quarter. Vanguard Group Inc. grew its stake in Schneider National by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock valued at $127,940,000 after purchasing an additional 172,418 shares during the last quarter. First Trust Advisors LP grew its stake in Schneider National by 87.8% in the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after purchasing an additional 1,028,789 shares during the last quarter. Two Sigma Advisers LP grew its stake in Schneider National by 40.4% in the fourth quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock valued at $20,581,000 after purchasing an additional 202,100 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Schneider National by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 574,559 shares of the company's stock valued at $16,823,000 after purchasing an additional 21,017 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Schneider National Price Performance

Shares of SNDR stock traded up $0.40 during trading hours on Tuesday, hitting $24.78. 197,337 shares of the company's stock were exchanged, compared to its average volume of 809,532. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17. The firm has a market cap of $4.34 billion, a P/E ratio of 35.42, a P/E/G ratio of 0.74 and a beta of 1.11. The firm has a 50 day moving average of $24.72 and a two-hundred day moving average of $24.82. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 EPS. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National's dividend payout ratio is presently 54.29%.

Wall Street Analyst Weigh In

SNDR has been the topic of several analyst reports. Citigroup lifted their target price on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Evercore ISI dropped their price target on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. UBS Group dropped their price target on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock 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 on the stock in a research note on Monday, April 14th. Finally, Robert W. Baird began coverage on Schneider National in a research note on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price target on the stock. Eight analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Schneider National has a consensus rating of "Moderate Buy" and an average price target of $27.29.

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.