Farmers & Merchants Investments Inc. Trims Stake in Schneider National, Inc. (NYSE:SNDR)

Farmers & Merchants Investments Inc. lowered its position in Schneider National, Inc. (NYSE:SNDR) by 48.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,425 shares of the company’s stock after selling 6,116 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Schneider National were worth $145,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bruce G. Allen Investments LLC purchased a new stake in Schneider National in the fourth quarter worth about $29,000. Quent Capital LLC grew its stake in shares of Schneider National by 64.0% in the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock worth $46,000 after buying an additional 708 shares during the last quarter. Principal Securities Inc. purchased a new position in Schneider National during the fourth quarter valued at $48,000. Quest Partners LLC purchased a new position in Schneider National during the fourth quarter valued at $102,000. Finally, TFO Wealth Partners LLC boosted its holdings in Schneider National by 78,622.2% in the fourth quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company’s stock worth $180,000 after acquiring an additional 7,076 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Raymond James initiated coverage on Schneider National in a research report on Wednesday, May 15th. They issued a “market perform” rating for the company. TD Cowen dropped their target price on shares of Schneider National from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 3rd. Robert W. Baird reduced their price target on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Thursday, April 4th. 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, April 15th. Finally, Wells Fargo & Company initiated coverage on Schneider National in a report on Friday, June 7th. They issued an “equal weight” rating and a $23.00 target price for the company. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.86.

Schneider National Stock Performance

Shares of NYSE:SNDR traded up $0.27 during trading on Tuesday, hitting $23.95. The company’s stock had a trading volume of 291,227 shares, compared to its average volume of 812,801. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.44 and a quick ratio of 1.32. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of 27.01, a P/E/G ratio of 2.15 and a beta of 0.85. The company has a 50-day moving average of $22.22 and a 200-day moving average of $23.12. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $31.74.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.02). Schneider National had a return on equity of 5.55% and a net margin of 2.95%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the business posted $0.55 earnings per share. The firm’s revenue was down 7.7% on a year-over-year basis. On average, sell-side analysts expect that Schneider National, Inc. will post 0.89 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, June 7th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Friday, June 7th. Schneider National’s dividend payout ratio is presently 43.18%.

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.