2 weeks Ago By Defense World Staff
Alliancebernstein L.P. increased its stake in shares of Schneider National, Inc.
(NYSE:SNDR – Free Report) by 51.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,096 shares of the company’s stock after acquiring an additional 8,541 shares during the period.
Alliancebernstein L.P.’s holdings in Schneider National were worth $735,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Schneider National by 4.
1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock worth $127,940,000 after purchasing an additional 172,418 shares in the last quarter.
American Century Companies Inc. grew its holdings in shares of Schneider National by 14.2% during the fourth quarter.
American Century Companies Inc. now owns 2,469,951 shares of the company’s stock worth $72,320,000 after buying an additional 306,275 shares in the last quarter. GW&K Investment Management LLC raised its position in Schneider National by 8.
7% in 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 buying an additional 158,505 shares during the last quarter. Copeland Capital Management LLC raised its position in Schneider National by 2.
4% in the 4th quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company’s stock valued at $47,521,000 after buying an additional 38,796 shares during the last quarter. Finally, Charles Schwab Investment Management Inc.
lifted its stake in Schneider National by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 822,060 shares of the company’s stock valued at $24,070,000 after acquiring an additional 2,727 shares in the last quarter. 28.54% of the stock is owned by institutional investors.
Schneider National Stock PerformanceNYSE SNDR opened at $22.50 on Friday. Schneider National, Inc.
has a 52-week low of $20.61 and a 52-week high of $33.90.
The stock has a market cap of $3.95 billion, a PE ratio of 34.61, a P/E/G ratio of 0.
54 and a beta of 1.10. The firm has a 50-day moving average of $24.
25 and a 200-day moving average of $27.82. The company has a debt-to-equity ratio of 0.
04, a quick ratio of 1.53 and a current ratio of 1.66.
Schneider National (NYSE:SNDR – Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.
20. Schneider National had a return on equity of 4.12% and a net margin of 2.
21%. During the same quarter in the previous year, the firm earned $0.16 earnings per share.
On average, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.
Schneider National Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th were given a dividend of $0.095 per share.
This represents a $0.38 annualized dividend and a yield of 1.69%.
The ex-dividend date was Friday, March 14th. Schneider National’s payout ratio is 58.46%.
Wall Street Analysts Forecast GrowthA number of research firms have recently issued reports on SNDR. JPMorgan Chase & Co. lowered their price objective on shares of Schneider National from $32.
00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Stifel Nicolaus reduced their price objective on shares of Schneider National from $30.
00 to $25.00 and set a “hold” rating for the company in a research note on Monday, April 14th. Citigroup upgraded Schneider National from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $25.
00 to $23.00 in a report on Tuesday, April 8th. Bank of America reaffirmed a “neutral” rating and set a $25.
00 price target (down previously from $34.00) on shares of Schneider National in a research report on Friday, March 28th. Finally, National Bankshares set a $25.
00 target price on shares of Schneider National in a research note on Friday, March 28th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $27.
14.Read Our Latest Stock Analysis on SNDRSchneider National Company Profile (Free Report)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.Further ReadingFive stocks we like better than Schneider NationalThe Top 3 Healthcare Dividend Stocks to Buy and HoldJ.B.
Hunt Transport Overcorrects Into a Buying OpportunityDividend Capture Strategy: What You Need to KnowAppLovin: Can Record Profits Overcome Market Skepticism?Short Selling – The Pros and Cons MarketBeat Week in Review – 04/14 – 04/18Want to see what other hedge funds are holding SNDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schneider National, Inc. (NYSE:SNDR – Free Report).
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