Schneider National, Inc. (NYSE:SNDR) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 131.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,658 shares of the company's stock after purchasing an additional 90,173 shares during the period. JPMorgan Chase & Co. owned approximately 0.09% of Schneider National worth $4,646,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Schneider National by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock valued at $127,940,000 after buying an additional 172,418 shares during the last quarter. LPL Financial LLC raised its holdings in Schneider National by 132.6% during the 4th quarter. LPL Financial LLC now owns 21,397 shares of the company's stock valued at $627,000 after buying an additional 12,198 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Schneider National during the 4th quarter valued at $349,000. American Century Companies Inc. raised its holdings in Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock valued at $72,320,000 after buying an additional 306,275 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Schneider National in the 4th quarter worth $1,621,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Trading Up 1.1 %

Shares of SNDR traded up $0.25 during mid-day trading on Thursday, reaching $22.63. The stock had a trading volume of 137,738 shares, compared to its average volume of 816,260. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 34.78, a P/E/G ratio of 0.54 and a beta of 1.10. The business's fifty day moving average is $23.93 and its 200 day moving average is $27.72. Schneider National, Inc. has a 52-week low of $20.61 and a 52-week high of $33.90.

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

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.68%. Schneider National's dividend payout ratio is presently 58.46%.

Analyst Ratings Changes

A number of brokerages have weighed in on SNDR. Stifel Nicolaus decreased their target price on shares of Schneider National from $30.00 to $25.00 and set a "hold" rating for the company in a research note on Monday, April 14th. National Bankshares set a $25.00 price objective on Schneider National in a research note on Friday, March 28th. UBS Group reduced their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday. The Goldman Sachs Group dropped their target price on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Finally, Susquehanna dropped their price objective on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $26.93.

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.