Lori A. Lutey Sells 70,000 Shares of Schneider National Inc (SNDR) Stock

Schneider National Inc (NYSE:SNDR) CFO Lori A. Lutey sold 70,000 shares of Schneider National stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total value of $1,967,700.00. Following the transaction, the chief financial officer now owns 515,838 shares in the company, valued at $14,500,206.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Schneider National Inc (NYSE:SNDR) traded down $1.18 during midday trading on Thursday, reaching $26.78. The company had a trading volume of 1,098,651 shares, compared to its average volume of 842,128. The stock has a market capitalization of $4,800.50 and a P/E ratio of 12.48. The company has a quick ratio of 1.93, a current ratio of 2.12 and a debt-to-equity ratio of 0.26. Schneider National Inc has a 12 month low of $17.69 and a 12 month high of $30.00.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Schneider National had a return on equity of 10.98% and a net margin of 8.89%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $0.31 earnings per share. The business’s revenue was up 11.3% on a year-over-year basis. sell-side analysts anticipate that Schneider National Inc will post 1.4 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 9th. Stockholders of record on Thursday, March 15th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.90%. This is an increase from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date is Wednesday, March 14th. Schneider National’s payout ratio is presently 9.01%.

Several institutional investors have recently made changes to their positions in SNDR. Vanguard Group Inc. purchased a new position in shares of Schneider National in the second quarter valued at about $67,293,000. Northern Trust Corp purchased a new position in shares of Schneider National in the second quarter valued at about $8,057,000. 1060 Capital LLC lifted its position in shares of Schneider National by 134.8% in the fourth quarter. 1060 Capital LLC now owns 539,826 shares of the company’s stock valued at $15,417,000 after acquiring an additional 309,871 shares in the last quarter. State of Wisconsin Investment Board lifted its position in shares of Schneider National by 427.4% in the third quarter. State of Wisconsin Investment Board now owns 375,000 shares of the company’s stock valued at $9,487,000 after acquiring an additional 303,900 shares in the last quarter. Finally, Pier Capital LLC purchased a new position in shares of Schneider National in the third quarter valued at about $6,285,000. Institutional investors and hedge funds own 21.28% of the company’s stock.

SNDR has been the topic of several analyst reports. Robert W. Baird reiterated a “buy” rating and set a $30.00 target price on shares of Schneider National in a research report on Tuesday, January 9th. Buckingham Research initiated coverage on Schneider National in a research report on Friday, October 20th. They set a “buy” rating and a $29.00 target price on the stock. Citigroup downgraded Schneider National from a “buy” rating to a “neutral” rating in a research report on Thursday, January 4th. Wolfe Research downgraded Schneider National from a “market perform” rating to an “underperform” rating in a research report on Monday. Finally, BidaskClub downgraded Schneider National from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Schneider National has an average rating of “Buy” and a consensus price target of $29.70.

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About Schneider National

Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.

Insider Buying and Selling by Quarter for Schneider National (NYSE:SNDR)

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