Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Versor Investments LP

Versor Investments LP raised its position in Schneider National, Inc. (NYSE:SNDR) by 64.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,714 shares of the company’s stock after acquiring an additional 7,300 shares during the quarter. Versor Investments LP’s holdings in Schneider National were worth $548,000 as of its most recent SEC filing.

Several 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% 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. Blue Trust Inc. boosted 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 buying an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Schneider National during the 4th quarter worth $59,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National in the third quarter valued at $73,000. Finally, Quarry LP acquired a new position in Schneider National in the third quarter valued at $90,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Insider Buying and Selling

In other Schneider National news, CAO Robert M. Reich, Jr. sold 6,250 shares of Schneider National stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the completion of the transaction, the chief accounting officer now 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the sale, the insider now 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. 32.68% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SNDR has been the subject of several research reports. Stephens reissued an “equal weight” rating and issued a $30.00 target price (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Bank of America lifted their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. reduced their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Benchmark lifted their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and cut their price target for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $30.85.

Schneider National Price Performance

Shares of NYSE SNDR opened at $26.35 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The firm has a market capitalization of $4.62 billion, a P/E ratio of 40.54, a PEG ratio of 0.54 and a beta of 0.93. The company’s fifty day moving average is $28.83 and its two-hundred day moving average is $28.89.

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 company earned $0.16 EPS. Analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

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

Schneider National 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.