Schneider National, Inc. (NYSE:SNDR) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 996,414 shares of the company’s stock after purchasing an additional 9,159 shares during the period. New York State Common Retirement Fund’s holdings in Schneider National were worth $25,359,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Winch Advisory Services LLC grew its position in shares of Schneider National by 61.6% during the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock worth $37,000 after buying an additional 503 shares in the last quarter. Quent Capital LLC grew its position in shares of Schneider National by 64.0% during the fourth quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock worth $46,000 after buying an additional 708 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in Schneider National by 1.2% in the third quarter. O Shaughnessy Asset Management LLC now owns 59,139 shares of the company’s stock valued at $1,638,000 after purchasing an additional 713 shares in the last quarter. Swiss National Bank boosted its holdings in Schneider National by 0.7% in the third quarter. Swiss National Bank now owns 115,300 shares of the company’s stock valued at $3,193,000 after purchasing an additional 800 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new position in Schneider National in the fourth quarter valued at approximately $29,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

SNDR stock opened at $21.36 on Friday. The company has a market capitalization of $3.76 billion, a P/E ratio of 16.06, a PEG ratio of 1.42 and a beta of 0.89. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $31.74. The business has a 50 day simple moving average of $22.41 and a 200-day simple moving average of $23.74. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter last year, the company earned $0.64 EPS. Schneider National’s revenue for the quarter was down 12.2% compared to the same quarter last year. As a group, equities analysts anticipate that Schneider National, Inc. will post 1.09 EPS for the current year.

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Thursday, March 7th. This is a boost from Schneider National’s previous quarterly dividend of $0.09. Schneider National’s dividend payout ratio is 28.57%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SNDR. Bank of America lowered their price target on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, April 15th. Susquehanna lowered their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Benchmark reaffirmed a “buy” rating and issued a $27.00 price target on shares of Schneider National in a report on Friday, April 12th. Robert W. Baird lowered their price target on Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Thursday, April 4th. Finally, Evercore ISI downgraded Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price target for the company. in a report on Thursday, January 4th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Schneider National currently has an average rating of “Hold” and an average price target of $28.07.

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.