GW&K Investment Management LLC Has $58.20 Million Stake in Schneider National, Inc. (NYSE:SNDR)

GW&K Investment Management LLC grew its stake in Schneider National, Inc. (NYSE:SNDR) by 8.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,987,843 shares of the company’s stock after buying an additional 158,505 shares during the period. GW&K Investment Management LLC owned approximately 1.13% of Schneider National worth $58,204,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after purchasing an additional 450 shares during the last quarter. Truist Financial Corp raised its position in shares of Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after purchasing an additional 528 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after buying an additional 710 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of Schneider National by 28.4% in the fourth quarter. Principal Securities Inc. now owns 4,626 shares of the company’s stock worth $135,000 after buying an additional 1,022 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after buying an additional 1,350 shares during the period. Institutional investors own 28.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SNDR shares. TD Cowen boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus lifted their price objective on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Evercore ISI decreased their target price on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research note on Thursday, November 7th. Wells Fargo & Company lifted their price target on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Finally, Bank of America upped their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus price target of $30.85.

Insider Transactions at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction 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 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the transaction, the chief accounting officer now owns 155,366 shares of the company’s stock, valued at $4,923,548.54. This represents a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 32.68% of the stock is currently owned by insiders.

Schneider National Stock Down 1.5 %

Shares of SNDR stock opened at $26.06 on Friday. The stock has a market cap of $4.56 billion, a P/E ratio of 40.08, a price-to-earnings-growth ratio of 0.54 and a beta of 0.93. 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 stock has a fifty day moving average price of $28.88 and a 200 day moving average price of $28.88. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter in the prior year, the business posted $0.16 earnings per share. Analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.46%. Schneider National’s dividend payout ratio is currently 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.