Schneider National, Inc. (NYSE:SNDR) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 6.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,063 shares of the company’s stock after purchasing an additional 1,424 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Schneider National were worth $646,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Stephens reiterated an “equal weight” rating and issued a $30.00 target price (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Benchmark raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, Bank of America boosted their target price on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Schneider National currently has an average rating of “Hold” and an average price target of $30.85.

Schneider National Stock Up 2.5 %

SNDR opened at $23.74 on Tuesday. The company has a market capitalization of $4.17 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The business has a 50-day moving average of $27.24 and a 200-day moving average of $28.61.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share 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 quarter last year, the firm earned $0.16 EPS. Equities research analysts forecast 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. Shareholders of record on Friday, March 14th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s payout ratio is 58.46%.

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.