Insider Selling: Schneider National, Inc. (NYSE:SNDR) EVP Sells 18,248 Shares of Stock

Schneider National, Inc. (NYSE:SNDR) EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. This represents a 21.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Schneider National Stock Down 3.7 %

Shares of Schneider National stock opened at $31.87 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm’s 50-day moving average is $29.37 and its two-hundred day moving average is $26.51. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of 51.40, a PEG ratio of 3.45 and a beta of 0.90.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. As a group, research analysts expect that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.19%. Schneider National’s dividend payout ratio is presently 61.29%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNDR. Vanguard Group Inc. raised its stake in Schneider National by 10.6% in the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after buying an additional 388,913 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Schneider National by 3.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after acquiring an additional 618 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Schneider National by 16.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,109 shares of the company’s stock valued at $275,000 after purchasing an additional 1,699 shares during the last quarter. California State Teachers Retirement System boosted its stake in Schneider National by 1.7% in the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock worth $1,265,000 after purchasing an additional 958 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in Schneider National during the 1st quarter worth approximately $468,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SNDR. Stifel Nicolaus increased their price objective on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. The Goldman Sachs Group reduced their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Susquehanna dropped their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Benchmark increased their target price on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. decreased their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $29.08.

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.