Thomas G. Jackson Sells 18,248 Shares of Schneider National, Inc. (NYSE:SNDR) Stock

Schneider National, Inc. (NYSE:SNDR) EVP Thomas G. Jackson sold 18,248 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now owns 66,526 shares of the company’s stock, valued at $2,200,014.82. This represents a 21.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.50 during trading on Monday, hitting $33.11. The stock had a trading volume of 1,279,951 shares, compared to its average volume of 827,441. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm has a market cap of $5.80 billion, a P/E ratio of 53.40, a PEG ratio of 2.91 and a beta of 0.85. The business has a fifty day moving average of $29.26 and a two-hundred day moving average of $26.44. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, sell-side analysts expect that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Analyst Ratings Changes

SNDR has been the subject of a number of analyst reports. Benchmark boosted their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Bank of America boosted their price objective on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group reduced their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Susquehanna reduced their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. reduced their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $29.08.

Institutional Investors Weigh In On Schneider National

A number of institutional investors and hedge funds have recently modified their holdings of SNDR. Innealta Capital LLC acquired a new stake in shares of Schneider National during the second quarter worth $53,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Schneider National during the third quarter worth $73,000. Hilltop National Bank raised its position in Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after buying an additional 676 shares during the period. Quarry LP purchased a new stake in Schneider National in the 3rd quarter worth about $90,000. Finally, SG Americas Securities LLC purchased a new stake in Schneider National in the 3rd quarter worth about $109,000. 28.54% of the stock is owned by institutional investors and hedge funds.

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.