Quantbot Technologies LP Invests $1.62 Million in Schneider National, Inc. (NYSE:SNDR)

Quantbot Technologies LP bought a new position in shares of Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 55,366 shares of the company’s stock, valued at approximately $1,621,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. State Street Corp grew its stake in shares of Schneider National by 75.4% during the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock worth $49,545,000 after purchasing an additional 743,800 shares during the period. Hotchkis & Wiley Capital Management LLC purchased a new position in Schneider National in the third quarter valued at $9,157,000. Principal Financial Group Inc. acquired a new position in shares of Schneider National in the third quarter worth about $6,327,000. Raymond James Financial Inc. purchased a new stake in shares of Schneider National during the 4th quarter worth about $5,349,000. Finally, GW&K Investment Management LLC grew its position in shares of Schneider National by 8.7% during the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock valued at $58,204,000 after acquiring an additional 158,505 shares during the period. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Price Performance

SNDR stock opened at $23.74 on Tuesday. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. 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 capitalization of $4.17 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The business has a 50 day simple moving average of $27.24 and a 200-day simple moving average of $28.61.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the previous year, the company posted $0.16 earnings per share. Equities research analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 58.46%.

Analyst Ratings Changes

Several analysts have commented on SNDR shares. Susquehanna raised their price objective on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, January 31st. Stifel Nicolaus boosted their price target 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. Stephens reaffirmed an “equal weight” rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Benchmark boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, TD Cowen upped their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock 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 issued a buy rating to the stock. According to MarketBeat, Schneider National has a consensus rating of “Hold” and an average target price of $30.85.

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.