Gotham Asset Management LLC Has $8.34 Million Position in Schneider National, Inc. (NYSE:SNDR)

Gotham Asset Management LLC grew its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 34.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 284,791 shares of the company's stock after acquiring an additional 73,754 shares during the period. Gotham Asset Management LLC owned 0.16% of Schneider National worth $8,339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its position in shares of Schneider National by 780.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company's stock valued at $372,000 after buying an additional 11,312 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Schneider National in the fourth quarter valued at approximately $5,349,000. Proficio Capital Partners LLC acquired a new stake in shares of Schneider National in the fourth quarter valued at approximately $997,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Schneider National in the fourth quarter valued at approximately $349,000. Finally, QRG Capital Management Inc. raised its position in shares of Schneider National by 9.0% in the fourth quarter. QRG Capital Management Inc. now owns 138,027 shares of the company's stock valued at $4,041,000 after buying an additional 11,392 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on SNDR shares. Bank of America upped their target price on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday. JPMorgan Chase & Co. cut their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Benchmark cut their target price on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Wells Fargo & Company cut their target price on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Finally, Susquehanna cut their target price on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 26th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Schneider National has a consensus rating of "Hold" and an average price target of $26.50.

Schneider National Trading Up 0.6%

NYSE:SNDR traded up $0.14 during trading hours on Friday, hitting $24.41. 570,140 shares of the company were exchanged, compared to its average volume of 821,113. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11. 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 one year low of $20.59 and a one year high of $33.90. The company has a fifty day simple moving average of $22.81 and a 200 day simple moving average of $27.13.

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

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.56%. The ex-dividend date is Friday, June 13th. Schneider National's payout ratio is presently 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.