Balyasny Asset Management L.P. Acquires 305,497 Shares of Schneider National, Inc. (NYSE:SNDR)

Balyasny Asset Management L.P. boosted its position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 4,324.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 312,562 shares of the company's stock after buying an additional 305,497 shares during the quarter. Balyasny Asset Management L.P. owned 0.18% of Schneider National worth $9,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock worth $38,000 after purchasing an additional 450 shares in the last quarter. Huntington National Bank boosted its stake in shares of Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company's stock valued at $41,000 after buying an additional 997 shares during the period. SRS Capital Advisors Inc. lifted its stake in Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after purchasing an additional 612 shares during the last quarter. Blue Trust Inc. increased its position in Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company's stock worth $46,000 after buying an additional 1,350 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Schneider National in the fourth quarter valued at approximately $48,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Price Performance

Shares of SNDR stock traded down $0.11 during trading hours on Thursday, reaching $24.32. The company's stock had a trading volume of 213,024 shares, compared to its average volume of 815,922. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 37.41, a PEG ratio of 0.54 and a beta of 1.11. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm's 50 day simple moving average is $22.83 and its 200-day simple moving average is $27.20.

Schneider National (NYSE:SNDR - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted $0.11 EPS. The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.56%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SNDR. Stifel Nicolaus reduced their price objective on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a report on Friday, May 2nd. Citigroup raised Schneider National from a "sell" rating to a "neutral" rating and lowered their price objective for the company from $25.00 to $23.00 in a research report on Tuesday, April 8th. UBS Group lowered their price target on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. decreased their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Finally, Susquehanna reduced their price target on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Schneider National has a consensus rating of "Hold" and a consensus price target of $26.43.

Schneider National 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.