Schneider National, Inc. (NYSE:SNDR) COO Mark B. Rourke Sells 32,057 Shares

Schneider National, Inc. (NYSE:SNDR) COO Mark B. Rourke sold 32,057 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the transaction, the chief operating officer now owns 266,887 shares of the company’s stock, valued at $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Schneider National Price Performance

SNDR opened at $33.11 on Tuesday. 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 business has a fifty day moving average of $29.26 and a 200 day moving average of $26.44. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90. The stock has a market cap of $5.80 billion, a P/E ratio of 53.40, a PEG ratio of 2.91 and a beta of 0.85.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. As a group, sell-side analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Institutional Trading of Schneider National

A number of large investors have recently modified their holdings of SNDR. Principal Financial Group Inc. bought a new stake in Schneider National during the 3rd quarter valued at $6,327,000. Louisiana State Employees Retirement System purchased a new stake in Schneider National in the third quarter worth about $648,000. Tidal Investments LLC bought a new position in Schneider National during the 1st quarter worth about $468,000. GSA Capital Partners LLP purchased a new position in Schneider National during the 3rd quarter valued at about $713,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of Schneider National by 1.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock valued at $69,236,000 after purchasing an additional 30,113 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SNDR. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Susquehanna cut their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and dropped their price target for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. Bank of America lifted their price objective on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group lowered their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. One 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. Based on data from MarketBeat, Schneider National currently has an average rating of “Hold” and an average price target of $29.08.

About Schneider National

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.