Invesco Ltd. Reduces Stock Holdings in Schneider National, Inc. (NYSE:SNDR)

Invesco Ltd. decreased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 572,183 shares of the company's stock after selling 22,002 shares during the quarter. Invesco Ltd. owned 0.33% of Schneider National worth $16,754,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after buying an additional 450 shares in the last quarter. Huntington National Bank lifted its position in Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock valued at $41,000 after acquiring an additional 997 shares during the last quarter. SRS Capital Advisors Inc. boosted its stake in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of 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 purchasing an additional 1,350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Schneider National during the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

Analysts Set New Price Targets

SNDR has been the topic of a number of research reports. Stifel Nicolaus dropped their price target on Schneider National from $30.00 to $25.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Benchmark cut their target price on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Stephens reiterated an "equal weight" rating and set a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. UBS Group dropped their price objective on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $25.00 to $23.00 in a research note on Tuesday, April 8th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $26.93.

Schneider National Stock Performance

NYSE SNDR traded down $0.85 on Friday, hitting $22.03. 133,978 shares of the company's stock were exchanged, compared to its average volume of 815,909. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 33.85, a P/E/G ratio of 0.54 and a beta of 1.10. The firm's 50-day moving average price is $23.84 and its two-hundred day moving average price is $27.69. Schneider National, Inc. has a fifty-two week low of $20.61 and a fifty-two week high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter last year, the firm earned $0.16 EPS. On average, research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.72%. Schneider National's dividend payout ratio is presently 58.46%.

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.