10,700 Shares in Schneider National, Inc. (NYSE:SNDR) Acquired by Marshall Wace LLP

Marshall Wace LLP bought a new position in Schneider National, Inc. (NYSE:SNDR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,700 shares of the company’s stock, valued at approximately $259,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its holdings in Schneider National by 1.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock valued at $69,236,000 after buying an additional 30,113 shares in the last quarter. Sei Investments Co. grew its holdings in Schneider National by 10.1% during the 2nd quarter. Sei Investments Co. now owns 524,178 shares of the company’s stock valued at $12,664,000 after buying an additional 48,227 shares in the last quarter. XTX Topco Ltd purchased a new stake in Schneider National during the 2nd quarter valued at approximately $299,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Schneider National during the 2nd quarter valued at approximately $248,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Schneider National by 14.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 78,229 shares of the company’s stock valued at $1,890,000 after buying an additional 9,856 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $27.60, for a total transaction of $276,000.00. Following the completion of the transaction, the insider now directly owns 55,726 shares of the company’s stock, valued at $1,538,037.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 32.68% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Bank of America downgraded Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 target price for the company. in a research report on Monday, July 22nd. Benchmark increased their target price on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Susquehanna increased their target price on Schneider National from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Evercore ISI lowered their target price on Schneider National from $28.00 to $27.00 and set an “in-line” rating for the company in a research report on Thursday, October 3rd. Finally, Citigroup began coverage on Schneider National in a research report on Wednesday. They set a “neutral” rating and a $29.00 target price for the company. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.08.

Schneider National Price Performance

Shares of NYSE SNDR opened at $27.64 on Friday. The business’s 50 day moving average price is $27.34 and its 200 day moving average price is $24.42. The firm has a market cap of $4.84 billion, a P/E ratio of 42.52, a P/E/G ratio of 2.51 and a beta of 0.85. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $29.01. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the firm posted $0.45 EPS. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, sell-side analysts expect that Schneider National, Inc. will post 0.85 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th were given a $0.095 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.38 annualized dividend and a yield of 1.37%. Schneider National’s dividend payout ratio is presently 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.