Susquehanna Fundamental Investments LLC Grows Stake in Schneider National, Inc. (NYSE:SNDR)

Susquehanna Fundamental Investments LLC increased its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,449 shares of the company’s stock after purchasing an additional 1,341 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Schneider National were worth $1,847,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SNDR. Norges Bank purchased a new stake in shares of Schneider National during the fourth quarter worth about $11,027,000. Hsbc Holdings PLC grew its position in shares of Schneider National by 24.7% during the fourth quarter. Hsbc Holdings PLC now owns 76,738 shares of the company’s stock worth $1,958,000 after purchasing an additional 15,197 shares in the last quarter. Treasurer of the State of North Carolina grew its position in shares of Schneider National by 68.3% during the fourth quarter. Treasurer of the State of North Carolina now owns 40,482 shares of the company’s stock worth $1,030,000 after purchasing an additional 16,432 shares in the last quarter. TFO Wealth Partners LLC grew its position in shares of Schneider National by 78,622.2% during the fourth quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company’s stock worth $180,000 after purchasing an additional 7,076 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Schneider National during the fourth quarter worth about $595,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of SNDR stock opened at $28.54 on Tuesday. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $29.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The firm has a market capitalization of $5.01 billion, a P/E ratio of 32.43, a P/E/G ratio of 2.61 and a beta of 0.85. The stock has a 50 day moving average price of $27.16 and a 200 day moving average price of $24.11.

Schneider National (NYSE:SNDR) last issued its quarterly 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. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the company earned $0.45 EPS. Schneider National’s quarterly revenue was down 2.2% compared to the same quarter last year. As a group, sell-side analysts predict that Schneider National, Inc. will post 0.85 earnings per share for the current year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 13th 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 1.33%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National’s dividend payout ratio is currently 43.18%.

Wall Street Analysts Forecast Growth

SNDR has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their target price on Schneider National from $24.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Bank of America cut Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 price target for the company. in a report on Monday, July 22nd. UBS Group raised their price target on Schneider National from $26.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, July 9th. Robert W. Baird raised their price target on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, Benchmark raised their price target on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $27.31.

Insider Buying and Selling

In related news, insider Shaleen Devgun sold 10,000 shares of the firm’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 sale, the insider now directly owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 32.68% of the stock is owned by corporate insiders.

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.