Schneider National, Inc. (NYSE:SNDR) Shares Bought by LPL Financial LLC

LPL Financial LLC increased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 132.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,397 shares of the company's stock after purchasing an additional 12,198 shares during the period. LPL Financial LLC's holdings in Schneider National were worth $627,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC boosted its holdings in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after acquiring an additional 450 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of Schneider National by 0.6% during the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company's stock valued at $2,595,000 after acquiring an additional 528 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after acquiring an additional 612 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Schneider National by 2.6% during the 4th 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 last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Schneider National by 4.9% during 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 last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SNDR has been the topic of several recent research reports. Wells Fargo & Company lowered their price objective on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 27th. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and lowered their price objective for the stock from $25.00 to $23.00 in a research note on Tuesday, April 8th. JPMorgan Chase & Co. lowered their price objective on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Stephens reiterated an "equal weight" rating and issued a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group decreased their target price on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $26.93.

Schneider National Stock Performance

NYSE SNDR traded down $0.27 on Tuesday, reaching $21.69. 782,047 shares of the company's stock traded hands, compared to its average volume of 815,414. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 33.37, a P/E/G ratio of 0.54 and a beta of 1.10. The stock has a 50 day moving average price of $23.51 and a 200-day moving average price of $27.57. Schneider National, Inc. has a fifty-two week low of $20.61 and a fifty-two week high of $33.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the prior year, the company earned $0.16 earnings per share. Equities research analysts predict 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 was paid on Friday, March 14th. Stockholders of record on Wednesday, April 9th were given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.75%. Schneider National's dividend payout ratio (DPR) is presently 58.46%.

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.