Schneider National, Inc. (NYSE:SNDR) Shares Sold by DGS Capital Management LLC

DGS Capital Management LLC reduced its position in shares of Schneider National, Inc. (NYSE:SNDR) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,676 shares of the company’s stock after selling 1,571 shares during the period. DGS Capital Management LLC’s holdings in Schneider National were worth $348,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SNDR. Wasatch Advisors Inc. acquired a new stake in Schneider National in the 1st quarter worth approximately $25,894,000. Earnest Partners LLC increased its position in Schneider National by 429,550.9% in the 1st quarter. Earnest Partners LLC now owns 691,738 shares of the company’s stock worth $17,639,000 after buying an additional 691,577 shares during the period. Envestnet Asset Management Inc. increased its position in Schneider National by 268.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 946,658 shares of the company’s stock worth $7,132,000 after buying an additional 689,803 shares during the period. Norges Bank bought a new position in Schneider National in the 4th quarter worth approximately $14,200,000. Finally, Copeland Capital Management LLC bought a new position in Schneider National in the 4th quarter worth approximately $12,547,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Stock Down 0.4 %

Shares of SNDR opened at $21.63 on Wednesday. The company has a market capitalization of $3.81 billion, a P/E ratio of 16.26, a PEG ratio of 1.23 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. Schneider National, Inc. has a one year low of $21.31 and a one year high of $31.74. The business’s 50 day simple moving average is $22.91 and its 200-day simple moving average is $24.02.

Schneider National (NYSE:SNDR) last announced its 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). The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The firm’s revenue was down 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 earnings per share. As a group, sell-side analysts predict that Schneider National, Inc. will post 1.13 EPS for the current fiscal year.

Schneider National Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were issued a dividend of $0.095 per share. This is an increase from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a yield of 1.76%. Schneider National’s dividend payout ratio is currently 28.57%.

Analysts Set New Price Targets

Several brokerages have commented on SNDR. Stephens reaffirmed an “equal weight” rating and issued a $28.00 price target on shares of Schneider National in a research report on Monday, February 5th. Bank of America lowered their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday. Robert W. Baird dropped their price objective on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. Stifel Nicolaus lifted their target price on shares of Schneider National from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Finally, Susquehanna dropped their price target on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, March 25th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $28.21.

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.