Ceredex Value Advisors LLC Has $17.64 Million Holdings in Schneider National, Inc. (NYSE:SNDR)

Ceredex Value Advisors LLC grew its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 690,800 shares of the company's stock after acquiring an additional 197,750 shares during the period. Ceredex Value Advisors LLC owned about 0.39% of Schneider National worth $17,635,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SNDR. MetLife Investment Management LLC acquired a new position in Schneider National during the 1st quarter worth $26,000. Bruce G. Allen Investments LLC acquired a new position in Schneider National during the 4th quarter worth $29,000. Whittier Trust Co. acquired a new position in Schneider National during the 3rd quarter worth $35,000. Winch Advisory Services LLC lifted its position in shares of Schneider National by 61.6% in the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock worth $37,000 after buying an additional 503 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Schneider National by 252.2% in the 1st quarter. Quarry LP now owns 1,627 shares of the company's stock worth $44,000 after buying an additional 1,165 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SNDR has been the topic of a number of recent research reports. Robert W. Baird reduced their price target on shares of Schneider National from $29.00 to $27.00 and set an "outperform" rating on the stock in a research report on Thursday. Stifel Nicolaus raised their price target on shares of Schneider National from $26.00 to $27.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th. 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. Evercore ISI downgraded shares of Schneider National from an "outperform" rating to an "inline" rating and set a $25.00 price target on the stock. in a research report on Thursday, January 4th. Finally, Susquehanna reduced their price target on shares of Schneider National from $27.00 to $25.00 and set a "neutral" rating on the stock in a research report on Monday, March 25th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $28.79.

Schneider National Price Performance

Shares of SNDR stock traded up $0.04 during midday trading on Monday, reaching $22.64. 640,544 shares of the company were exchanged, compared to its average volume of 841,805. Schneider National, Inc. has a 12 month low of $21.31 and a 12 month high of $31.74. The company 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's 50 day moving average price is $23.18 and its two-hundred day moving average price is $24.26. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83.

Schneider National (NYSE:SNDR - Get Free Report) last released 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 return on equity of 8.23% and a net margin of 4.34%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the firm posted $0.64 earnings per share. The firm's quarterly revenue was down 12.2% compared to the same quarter last year. On average, sell-side analysts expect that Schneider National, Inc. will post 1.19 earnings per share for the current year.

Schneider National Increases Dividend

The firm 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. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.68%. This is a boost from Schneider National's previous quarterly dividend of $0.09. Schneider National's payout ratio is currently 28.57%.

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.