59,232 Shares in Schneider National, Inc. (NYSE:SNDR) Purchased 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 purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 59,232 shares of the company's stock, valued at approximately $1,353,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Raymond James Financial Inc. acquired a new position in Schneider National during the fourth quarter valued at approximately $5,349,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Schneider National by 9.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company's stock worth $408,000 after purchasing an additional 1,474 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Schneider National in the 4th quarter valued at $8,453,000. New York State Teachers Retirement System increased its position in shares of Schneider National by 33.6% in the 1st quarter. New York State Teachers Retirement System now owns 18,447 shares of the company's stock valued at $422,000 after buying an additional 4,637 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in Schneider National during the 4th quarter worth $349,000. 28.54% of the stock is owned by institutional investors.

Schneider National Stock Down 1.4%

Shares of Schneider National stock traded down $0.34 during trading hours on Friday, reaching $24.11. 1,039,597 shares of the company's stock were exchanged, compared to its average volume of 787,122. The stock has a market cap of $4.22 billion, a P/E ratio of 34.44, a P/E/G ratio of 0.73 and a beta of 1.11. The company has a 50 day moving average of $24.69 and a two-hundred day moving average of $24.90. The company has a current ratio of 1.91, a quick ratio of 1.74 and a debt-to-equity ratio of 0.17. 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 issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 earnings per share. On average, sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Analysts Set New Price Targets

A number of research firms have issued reports on SNDR. Robert W. Baird began coverage on Schneider National in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price for the company. Benchmark decreased their price objective on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Evercore ISI dropped their price objective on shares of 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 analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of "Moderate Buy" and an average target price of $27.29.

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.