Avantax Advisory Services Inc. Increases Stake in Schneider National, Inc. (NYSE:SNDR)

Avantax Advisory Services Inc. boosted its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 4.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,606 shares of the company’s stock after buying an additional 910 shares during the period. Avantax Advisory Services Inc.’s holdings in Schneider National were worth $574,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after purchasing an additional 450 shares during the period. SRS Capital Advisors Inc. raised its holdings in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. lifted its stake in Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after acquiring an additional 1,350 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in Schneider National during the 4th quarter worth approximately $59,000. Finally, Quarry LP purchased a new stake in shares of Schneider National in the 3rd quarter valued at approximately $90,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Trading Down 0.2 %

Shares of Schneider National stock opened at $23.11 on Friday. The company has a 50-day moving average of $27.35 and a two-hundred day moving average of $28.63. 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. The stock has a market cap of $4.06 billion, a PE ratio of 35.56, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the prior year, the firm earned $0.16 EPS. On average, research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.64%. Schneider National’s dividend payout ratio (DPR) is presently 58.46%.

Analyst Upgrades and Downgrades

SNDR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. TD Cowen increased their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Bank of America boosted their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Benchmark increased their target price 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. Finally, Stephens reissued an “equal weight” rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Schneider National currently has an average rating of “Hold” and a consensus price target of $30.85.

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.