53,300 Shares in Schneider National, Inc. (NYSE:SNDR) Acquired by National Bank of Canada FI

National Bank of Canada FI purchased a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 53,300 shares of the company's stock, valued at approximately $1,339,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SNDR. Bruce G. Allen Investments LLC purchased a new position in shares of Schneider National during the 4th quarter worth $29,000. Winch Advisory Services LLC boosted its holdings in Schneider National by 61.6% in the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock valued at $37,000 after purchasing an additional 503 shares during the last quarter. Quent Capital LLC grew its stake in shares of Schneider National by 64.0% in the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company's stock valued at $46,000 after buying an additional 708 shares during the period. Group One Trading L.P. acquired a new stake in shares of Schneider National during the 3rd quarter worth approximately $111,000. Finally, Duality Advisers LP acquired a new stake in shares of Schneider National during the 3rd quarter worth approximately $216,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Bank of America lowered their price objective on Schneider National from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Monday, April 15th. TD Cowen cut their price objective on Schneider National from $26.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 3rd. Raymond James initiated coverage on shares of Schneider National in a report on Wednesday. They issued a "market perform" rating on the stock. Robert W. Baird lowered their target price on shares of Schneider National from $29.00 to $27.00 and set an "outperform" rating for the company in a research note on Thursday, April 4th. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $25.00 price target on shares of Schneider National in a research note on Wednesday. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $28.00.

Schneider National Price Performance

Shares of NYSE SNDR remained flat at $22.43 during mid-day trading on Wednesday. The stock had a trading volume of 446,956 shares, compared to its average volume of 827,851. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $31.74. The stock has a market cap of $3.94 billion, a P/E ratio of 25.49, a PEG ratio of 1.93 and a beta of 0.91. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 0.03. The business's fifty day moving average price is $22.04 and its 200-day moving average price is $23.30.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.02). Schneider National had a net margin of 2.95% and a return on equity of 5.55%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the business earned $0.55 EPS. Schneider National's revenue for the quarter was down 7.7% on a year-over-year basis. On average, analysts expect that Schneider National, Inc. will post 0.93 EPS for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, June 7th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Friday, June 7th. Schneider National's dividend payout ratio (DPR) is presently 43.18%.

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.