320,850 Shares in Schneider National, Inc. (NYSE:SNDR) Acquired by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC purchased a new position in Schneider National, Inc. (NYSE:SNDR) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 320,850 shares of the company’s stock, valued at approximately $9,157,000. Hotchkis & Wiley Capital Management LLC owned 0.18% of Schneider National at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of Schneider National in the 2nd quarter worth approximately $53,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Schneider National in the 3rd quarter worth approximately $73,000. SG Americas Securities LLC acquired a new stake in Schneider National during the 3rd quarter valued at $109,000. Hills Bank & Trust Co acquired a new stake in Schneider National during the 3rd quarter valued at $112,000. Finally, BNP Paribas Financial Markets grew its holdings in Schneider National by 356.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company’s stock valued at $140,000 after buying an additional 3,822 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Performance

Shares of SNDR opened at $31.87 on Thursday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.58 billion, a P/E ratio of 51.40, a price-to-earnings-growth ratio of 3.45 and a beta of 0.90. The stock’s fifty day simple moving average is $29.44 and its 200 day simple moving average is $26.58. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90.

Schneider National (NYSE:SNDR) last issued its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate 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%. On average, equities research analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares of the company’s stock, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at $8,833,959.70. This trade represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 18.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SNDR. Susquehanna lowered their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Evercore ISI lowered their target price on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. TD Cowen increased their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America increased their target price on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, The Goldman Sachs Group lowered their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target 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.