Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR) have received an average recommendation of “Hold” from the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. 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. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $30.85.

A number of equities research analysts have commented on the company. Bank of America lifted their target price on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Susquehanna lifted their target price on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. Stephens reaffirmed an “equal weight” rating and issued a $30.00 price objective (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. Wells Fargo & Company lifted their price objective on Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. Finally, Stifel Nicolaus lifted their price objective on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd.

Insider Buying and Selling

In other news, COO Mark B. Rourke sold 32,057 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the completion of the transaction, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, the insider now directly owns 95,191 shares of the company’s stock, valued at approximately $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 valued at $2,153,011 in the last three months. 32.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares in the last quarter. Huntington National Bank lifted its holdings 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 purchasing an additional 997 shares during the last quarter. SRS Capital Advisors Inc. lifted its holdings in shares of Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after purchasing an additional 612 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Schneider National in the 4th quarter valued at about $48,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

NYSE:SNDR opened at $27.49 on Monday. Schneider National has a 52 week low of $20.50 and a 52 week high of $33.90. 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 company has a market capitalization of $4.81 billion, a P/E ratio of 42.28, a P/E/G ratio of 0.59 and a beta of 0.93. The stock’s fifty day moving average is $29.57 and its two-hundred day moving average is $28.93.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting 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 period in the prior year, the company earned $0.16 EPS. Equities analysts expect that Schneider National will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.38%. Schneider National’s payout ratio is 58.46%.

Schneider National Company 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.