Copeland Capital Management LLC Purchases New Position in Schneider National, Inc. (NYSE:SNDR)

Copeland Capital Management LLC purchased a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 493,009 shares of the company's stock, valued at approximately $12,547,000. Copeland Capital Management LLC owned about 0.28% of Schneider National at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brinker Capital Investments LLC increased its position in Schneider National by 1.2% during the first quarter. Brinker Capital Investments LLC now owns 37,408 shares of the company's stock valued at $954,000 after acquiring an additional 450 shares during the last quarter. Winch Advisory Services LLC increased its position in Schneider National by 61.6% during the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock valued at $37,000 after acquiring an additional 503 shares during the last quarter. Janiczek Wealth Management LLC increased its position in Schneider National by 3.8% during the third quarter. Janiczek Wealth Management LLC now owns 13,975 shares of the company's stock valued at $387,000 after acquiring an additional 509 shares during the last quarter. FMR LLC increased its position in Schneider National by 3.7% during the third quarter. FMR LLC now owns 14,574 shares of the company's stock valued at $404,000 after acquiring an additional 526 shares during the last quarter. Finally, Lazard Asset Management LLC increased its position in Schneider National by 39.8% during the first quarter. Lazard Asset Management LLC now owns 2,226 shares of the company's stock valued at $56,000 after acquiring an additional 634 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the company. Stephens restated an "equal weight" rating and issued a $28.00 price target on shares of Schneider National in a research report on Monday, February 5th. TD Cowen reduced their price target on Schneider National from $28.00 to $26.00 and set an "outperform" rating for the company in a research report on Friday, February 2nd. Susquehanna reduced their price target on Schneider National from $27.00 to $25.00 and set a "neutral" rating for the company in a research report on Monday, March 25th. Evercore ISI cut Schneider National from an "outperform" rating to an "inline" rating and set a $25.00 price target for the company. in a research report on Thursday, January 4th. Finally, Stifel Nicolaus upped their price target on Schneider National from $26.00 to $27.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $28.64.

Schneider National Price Performance

Schneider National stock traded up $0.29 during midday trading on Friday, reaching $22.64. 601,243 shares of the stock traded hands, compared to its average volume of 1,035,793. The stock's fifty day moving average is $23.49 and its 200-day moving average is $24.53. Schneider National, Inc. has a 12 month low of $21.31 and a 12 month high of $31.74. The stock has a market cap of $3.98 billion, a P/E ratio of 17.02, a PEG ratio of 1.22 and a beta of 0.89. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.05). Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the previous year, the company posted $0.64 earnings per share. Schneider National's quarterly revenue was down 12.2% on a year-over-year basis. As a group, equities research analysts anticipate that Schneider National, Inc. will post 1.19 EPS for the current year.

Schneider National Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.68%. This is a positive change from Schneider National's previous quarterly dividend of $0.09. The ex-dividend date is Thursday, March 7th. Schneider National's dividend payout ratio (DPR) is presently 28.57%.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, engages in the provision of surface transportation and logistics solutions in the United States, Canada, and Mexico. The company 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 equipment across either network or dedicated configurations.