Snowden Capital Advisors LLC Has $691,000 Position in Schneider National, Inc. (NYSE:SNDR)

Snowden Capital Advisors LLC raised its holdings in Schneider National, Inc. (NYSE:SNDR) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,516 shares of the company’s stock after buying an additional 1,223 shares during the period. Snowden Capital Advisors LLC’s holdings in Schneider National were worth $691,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Huntington National Bank grew its position in shares of Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after acquiring an additional 997 shares during the period. SRS Capital Advisors Inc. raised its stake in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after purchasing an additional 612 shares in the last quarter. Blue Trust Inc. raised its stake in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after purchasing an additional 1,350 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Schneider National in the 4th quarter worth about $48,000. Finally, CIBC Private Wealth Group LLC raised its stake in Schneider National by 4,856.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company’s stock worth $69,000 after purchasing an additional 2,331 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Trading Down 1.4%

SNDR opened at $24.22 on Wednesday. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week 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 $4.24 billion, a price-to-earnings ratio of 37.26, a PEG ratio of 0.54 and a beta of 1.11. The company’s 50 day moving average price is $22.84 and its two-hundred day moving average price is $27.08.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the firm posted $0.11 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, research analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National’s dividend payout ratio is currently 54.29%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. National Bankshares set a $25.00 price objective on shares of Schneider National in a research note on Friday, March 28th. Susquehanna dropped their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th. Evercore ISI lowered their price objective on shares of Schneider National from $23.00 to $22.00 and set an “in-line” rating for the company in a research report on Friday, May 2nd. Stifel Nicolaus lowered their price objective on shares of Schneider National from $25.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, May 2nd. Finally, Wells Fargo & Company lowered their price objective on shares of Schneider National from $32.00 to $25.00 and set an “equal weight” rating for the company in a research report on Thursday, March 27th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $26.50.

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.