Schneider National (NYSE:SNDR) Given New $32.00 Price Target at Susquehanna

Schneider National (NYSE:SNDR) had its target price boosted by Susquehanna from $31.00 to $32.00 in a report issued on Friday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. 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. JPMorgan Chase & Co. dropped their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. The Goldman Sachs Group reduced their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Finally, TD Cowen lifted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One equities 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. According to MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $30.69.

Schneider National Price Performance

SNDR opened at $29.76 on Friday. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 48.00, a PEG ratio of 1.90 and a beta of 0.93. The company has a fifty day simple moving average of $30.34 and a 200 day simple moving average of $28.66.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. During the same quarter in the prior year, the firm posted $0.16 EPS. Equities research analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.28%. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

Insider Transactions at Schneider National

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the sale, the chief operating officer now owns 266,887 shares in the company, valued at $8,833,959.70. This represents a 10.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas G. Jackson sold 18,248 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock valued at $2,153,011 over the last quarter. Company insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. GAMMA Investing LLC raised its stake in shares of 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 in the last quarter. Blue Trust Inc. raised its position in shares of Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC bought a new position in shares of Schneider National in the fourth quarter valued at approximately $59,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Schneider National during the 3rd quarter worth $73,000. Finally, Quarry LP acquired a new position in Schneider National in the 3rd quarter valued at $90,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.