Barclays PLC Has $631,000 Position in Schneider National, Inc. (NYSE:SNDR)

Barclays PLC decreased its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 59.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,118 shares of the company’s stock after selling 32,023 shares during the period. Barclays PLC’s holdings in Schneider National were worth $631,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. purchased a new stake in shares of Schneider National in the third quarter worth approximately $6,327,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock valued at $3,724,000 after buying an additional 17,573 shares during the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in Schneider National during the 3rd quarter valued at $9,157,000. Louisiana State Employees Retirement System purchased a new position in Schneider National during the 3rd quarter worth $648,000. Finally, GSA Capital Partners LLP purchased a new position in Schneider National during the 3rd quarter worth $713,000. 28.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Benchmark raised their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Stifel Nicolaus boosted their target price on Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. The Goldman Sachs Group reduced their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Evercore ISI dropped their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Finally, Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $29.08.

Schneider National Trading Down 0.1 %

Schneider National stock opened at $29.28 on Thursday. The stock has a market cap of $5.13 billion, a P/E ratio of 47.23, a PEG ratio of 3.24 and a beta of 0.89. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The firm’s fifty day moving average price is $30.48 and its 200-day moving average price is $27.73. 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 (NYSE:SNDR) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business 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%. Equities research analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

Insider Transactions at Schneider National

In other news, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now owns 66,526 shares in the company, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the sale, the chief operating officer now owns 266,887 shares of the company’s stock, valued at $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,555 shares of company stock valued at $2,153,011. Insiders own 32.68% of the company’s stock.

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.