Schneider National, Inc. (NYSE:SNDR) Insider Sells $290,400.00 in Stock

Schneider National, Inc. (NYSE:SNDR) insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the transaction, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Schneider National Stock Down 0.2 %

SNDR opened at $29.54 on Friday. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90. The company’s 50-day moving average price is $30.40 and its two-hundred day moving average price is $27.58. The stock has a market cap of $5.17 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 3.24 and a beta of 0.90. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. As a group, equities analysts expect that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its position in shares of Schneider National by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after purchasing an additional 493 shares during the period. Susquehanna Fundamental Investments LLC raised its holdings in Schneider National by 1.8% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 76,449 shares of the company’s stock valued at $1,847,000 after acquiring an additional 1,341 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of Schneider National by 1.3% during the third quarter. Oppenheimer Asset Management Inc. now owns 114,941 shares of the company’s stock worth $3,280,000 after acquiring an additional 1,424 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Schneider National by 11.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,598 shares of the company’s stock worth $417,000 after acquiring an additional 1,465 shares during the period. Finally, Innealta Capital LLC purchased a new position in shares of Schneider National in the second quarter valued at $53,000. Institutional investors own 28.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group dropped their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Bank of America upped their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Benchmark raised their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. One research 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $29.08.

About Schneider National

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.