Bank of Montreal Can raised its stake in Schneider National Inc (NYSE:SNDR) by 35.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,079 shares of the company’s stock after buying an additional 20,109 shares during the quarter. Bank of Montreal Can’s holdings in Schneider National were worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in SNDR. Dimensional Fund Advisors LP grew its position in Schneider National by 82.9% during the second quarter. Dimensional Fund Advisors LP now owns 518,349 shares of the company’s stock valued at $14,259,000 after buying an additional 234,976 shares during the period. California Public Employees Retirement System acquired a new stake in Schneider National during the second quarter valued at $310,000. State of Alaska Department of Revenue acquired a new stake in Schneider National during the third quarter valued at $126,000. Peregrine Capital Management LLC grew its position in Schneider National by 2.7% during the third quarter. Peregrine Capital Management LLC now owns 1,041,497 shares of the company’s stock valued at $26,017,000 after buying an additional 27,561 shares during the period. Finally, Alpha Windward LLC acquired a new stake in Schneider National during the third quarter valued at $499,000. 23.02% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms recently commented on SNDR. Zacks Investment Research upgraded shares of Schneider National from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. Citigroup dropped their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, November 2nd. Stifel Nicolaus upgraded shares of Schneider National from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Monday, October 29th. JPMorgan Chase & Co. dropped their target price on shares of Schneider National from $28.00 to $27.00 and set an “overweight” rating on the stock in a research report on Friday, November 2nd. Finally, Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Monday, February 4th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $28.00.
Shares of NYSE SNDR opened at $22.84 on Thursday. Schneider National Inc has a 52-week low of $17.56 and a 52-week high of $30.52. The stock has a market capitalization of $3.98 billion, a PE ratio of 14.74, a P/E/G ratio of 1.00 and a beta of 1.54. The company has a current ratio of 2.34, a quick ratio of 2.23 and a debt-to-equity ratio of 0.20.
Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, January 31st. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.03. Schneider National had a net margin of 5.40% and a return on equity of 13.81%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Research analysts predict that Schneider National Inc will post 1.7 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 8th. Stockholders of record on Friday, March 15th will be given a $0.06 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.24 annualized dividend and a dividend yield of 1.05%. Schneider National’s dividend payout ratio (DPR) is 15.48%.
Schneider National Company Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.
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