Vanguard Personalized Indexing Management LLC Invests $248,000 in Schneider National, Inc. (NYSE:SNDR)

Vanguard Personalized Indexing Management LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,283 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Schneider National by 14.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 78,229 shares of the company’s stock valued at $1,890,000 after acquiring an additional 9,856 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Schneider National by 6.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock worth $96,953,000 after purchasing an additional 228,661 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Schneider National by 13.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 565,407 shares of the company’s stock valued at $13,660,000 after buying an additional 69,197 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Schneider National by 57.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 113,517 shares of the company’s stock valued at $2,743,000 after buying an additional 41,254 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Schneider National by 10.9% in the second quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after buying an additional 186,857 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Stock Performance

Shares of NYSE:SNDR opened at $28.35 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $28.97. The firm has a market capitalization of $4.97 billion, a PE ratio of 32.22, a P/E/G ratio of 2.61 and a beta of 0.85. The business’s 50 day moving average price is $27.08 and its 200-day moving average price is $24.07.

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

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National’s dividend payout ratio (DPR) is 43.18%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SNDR. Stifel Nicolaus downgraded Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a report on Thursday, August 8th. Susquehanna raised their price target on shares of Schneider National from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday. Wells Fargo & Company assumed coverage on shares of Schneider National in a research report on Friday, June 7th. They issued an “equal weight” rating and a $23.00 price objective for the company. JPMorgan Chase & Co. increased their target price on shares of Schneider National from $24.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Finally, Benchmark lifted their price target on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Schneider National currently has an average rating of “Hold” and an average target price of $27.31.

Insider Transactions at Schneider National

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

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.