Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. boosted its position in Schneider National, Inc. (NYSE:SNDR) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,721 shares of the company’s stock after purchasing an additional 2,780 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.07% of Schneider National worth $3,447,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after buying an additional 450 shares during the last quarter. Blue Trust Inc. grew its stake in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after acquiring an additional 1,350 shares during the period. Future Financial Wealth Managment LLC acquired a new position in Schneider National in the 4th quarter valued at $59,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Schneider National during the 3rd quarter worth $73,000. Finally, Quarry LP acquired a new stake in shares of Schneider National during the third quarter worth $90,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SNDR has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their target price on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. TD Cowen upped their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus raised their target price on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Stephens reaffirmed an “equal weight” rating and set a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Susquehanna lifted their price target on shares of Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, Schneider National has a consensus rating of “Hold” and an average target price of $30.85.

Schneider National Stock Up 1.0 %

Shares of NYSE SNDR opened at $26.35 on Friday. The stock has a fifty day moving average price of $28.83 and a 200 day moving average price of $28.89. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a market cap of $4.62 billion, a P/E ratio of 40.54, a P/E/G ratio of 0.54 and a beta of 0.93.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (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 last year, the company earned $0.16 earnings per share. Research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.44%. Schneider National’s payout ratio is currently 58.46%.

Insider Activity at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the transaction, the insider now directly owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This represents a 9.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of Schneider National stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now directly owns 155,366 shares in the company, valued at approximately $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 32.68% of the company’s stock.

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.