Impact Partnership Wealth LLC Acquires New Holdings in Schneider National, Inc. (NYSE:SNDR)

Impact Partnership Wealth LLC purchased a new position in Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,006 shares of the company’s stock, valued at approximately $205,000.

Several other institutional investors have also added to or reduced their stakes in SNDR. Vanguard Personalized Indexing Management LLC acquired a new stake in Schneider National in the second quarter worth about $248,000. XTX Topco Ltd acquired a new stake in Schneider National in the second quarter worth about $299,000. Sei Investments Co. boosted its holdings in Schneider National by 10.1% in the second quarter. Sei Investments Co. now owns 524,178 shares of the company’s stock worth $12,664,000 after acquiring an additional 48,227 shares in the last quarter. Marshall Wace LLP acquired a new stake in Schneider National in the second quarter worth about $259,000. Finally, Dark Forest Capital Management LP acquired a new stake in Schneider National in the second quarter worth about $432,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Down 1.4 %

Schneider National stock opened at $29.39 on Friday. The stock has a market capitalization of $5.15 billion, a PE ratio of 47.40, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $33.90. The business has a 50 day simple moving average of $30.46 and a 200-day simple moving average of $28.49. 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) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date was Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Wall Street Analysts Forecast Growth

SNDR has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Susquehanna reduced their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group reduced their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Finally, Benchmark raised their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. One equities research 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, the stock currently has an average rating of “Hold” and an average price target of $29.38.

Insider Activity

In other news, COO Mark B. Rourke sold 32,057 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now directly owns 95,191 shares in the company, valued at $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,555 shares of company stock worth $2,153,011 over the last three months. 32.68% of the stock is currently owned by corporate insiders.

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.