Schneider National, Inc. (NYSE:SNDR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 2.8% in the 4th quarter, HoldingsChannel reports. The fund owned 75,165 shares of the company’s stock after selling 2,186 shares during the quarter. Victory Capital Management Inc.’s holdings in Schneider National were worth $2,201,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SNDR. Thrivent Financial for Lutherans boosted its position in shares of Schneider National by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company’s stock valued at $83,184,000 after purchasing an additional 48,905 shares during the period. GW&K Investment Management LLC boosted its position in shares of Schneider National by 8.7% in the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock valued at $58,204,000 after purchasing an additional 158,505 shares during the period. State Street Corp boosted its position in shares of Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after purchasing an additional 743,800 shares during the period. Copeland Capital Management LLC boosted its position in shares of Schneider National by 2.4% in the 4th quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company’s stock valued at $47,521,000 after purchasing an additional 38,796 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its position in shares of Schneider National by 2.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,263,770 shares of the company’s stock valued at $36,068,000 after purchasing an additional 34,477 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was 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 trade represents a 9.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 32.68% of the company’s stock.

Wall Street Analysts Forecast Growth

SNDR has been the subject of a number of research analyst reports. Wells Fargo & Company upped their target price on Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Stephens reissued an “equal weight” rating and issued a $30.00 target price (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Stifel Nicolaus upped their target price on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their target price on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Susquehanna increased their price objective on Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $30.85.

Schneider National Stock Performance

Shares of SNDR stock opened at $24.06 on Tuesday. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 37.02, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The stock has a 50 day simple moving average of $27.80 and a 200-day simple moving average of $28.75. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. 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 (NYSE:SNDR) last issued its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting 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 quarter in the prior year, the business posted $0.16 earnings per share. On average, equities analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is 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.