Schneider National, Inc. (NYSE:SNDR) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 735,052 shares of the company's stock after selling 11,220 shares during the period. Geode Capital Management LLC owned about 0.42% of Schneider National worth $21,530,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after purchasing an additional 450 shares during the last quarter. Truist Financial Corp increased its position in Schneider National by 0.6% during the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after buying an additional 528 shares during the period. SRS Capital Advisors Inc. lifted its stake in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after buying an additional 612 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock valued at $822,000 after acquiring an additional 710 shares during the period. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Schneider National by 4.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company's stock valued at $574,000 after acquiring an additional 910 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Price Performance

SNDR stock traded up $0.21 during trading on Thursday, reaching $22.59. 166,961 shares of the company were exchanged, compared to its average volume of 816,308. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The stock's 50 day moving average price is $23.93 and its 200 day moving average price is $27.72. Schneider National, Inc. has a 52-week low of $20.61 and a 52-week high of $33.90. The company has a market cap of $3.96 billion, a P/E ratio of 34.77, a PEG ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter last year, the business posted $0.16 EPS. As a group, analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th were issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.68%. The ex-dividend date was Friday, March 14th. Schneider National's dividend payout ratio (DPR) is 58.46%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SNDR shares. Benchmark dropped their price objective on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Stephens restated an "equal weight" rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Susquehanna dropped their target price on Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a report on Wednesday, March 26th. Finally, Stifel Nicolaus decreased their price target on Schneider National from $30.00 to $25.00 and set a "hold" rating for the company in a report on Monday, April 14th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Schneider National has an average rating of "Hold" and a consensus price target of $26.93.

Schneider National Company 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.