Peregrine Capital Management LLC Sells 114,430 Shares of Schneider National, Inc. (NYSE:SNDR)

Peregrine Capital Management LLC cut its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 31.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 247,391 shares of the company's stock after selling 114,430 shares during the quarter. Peregrine Capital Management LLC owned approximately 0.14% of Schneider National worth $6,296,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. MetLife Investment Management LLC purchased a new stake in shares of Schneider National in the first quarter worth about $26,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Schneider National in the fourth quarter worth about $29,000. Whittier Trust Co. purchased a new stake in shares of Schneider National in the third quarter worth about $35,000. Winch Advisory Services LLC lifted its holdings in shares of Schneider National by 61.6% in the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock worth $37,000 after buying an additional 503 shares in the last quarter. Finally, Quarry LP lifted its holdings in shares of Schneider National by 252.2% in the first quarter. Quarry LP now owns 1,627 shares of the company's stock worth $44,000 after buying an additional 1,165 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Trading Up 0.3 %

SNDR stock traded up $0.07 on Thursday, reaching $21.99. The company's stock had a trading volume of 653,745 shares, compared to its average volume of 836,212. The business has a fifty day simple moving average of $23.06 and a two-hundred day simple moving average of $24.20. Schneider National, Inc. has a 12-month low of $21.31 and a 12-month high of $31.74. The firm has a market cap of $3.87 billion, a PE ratio of 16.53, a PEG ratio of 1.26 and a beta of 0.89. 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 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). The business had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The business's revenue was down 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. As a group, research analysts forecast that Schneider National, Inc. will post 1.15 EPS for the current year.

Schneider National Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a yield of 1.73%. This is a positive change from Schneider National's previous quarterly dividend of $0.09. Schneider National's dividend payout ratio (DPR) is currently 28.57%.

Analysts Set New Price Targets

Several research analysts recently weighed in on SNDR shares. Robert W. Baird decreased their price objective 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, April 4th. Susquehanna decreased their price objective 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. TD Cowen decreased their price objective on shares of Schneider National from $28.00 to $26.00 and set an "outperform" rating on the stock in a research report on Friday, February 2nd. Evercore ISI cut shares of Schneider National from an "outperform" rating to an "inline" rating and set a $25.00 price objective on the stock. in a research report on Thursday, January 4th. Finally, Stifel Nicolaus upped their price objective 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. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Schneider National presently has an average rating of "Hold" and a consensus target price of $28.79.

Schneider National Company 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.