Susquehanna International Group LLP Raises Stock Holdings in Schneider National, Inc. (NYSE:SNDR)

Susquehanna International Group LLP boosted its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 152.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 312,776 shares of the company’s stock after buying an additional 188,920 shares during the quarter. Susquehanna International Group LLP owned 0.18% of Schneider National worth $7,557,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its stake in Schneider National by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after acquiring an additional 493 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Schneider National by 3.2% in the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after purchasing an additional 618 shares during the period. Hilltop National Bank boosted its stake in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares during the period. California State Teachers Retirement System grew its holdings in shares of Schneider National by 1.7% in the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after purchasing an additional 958 shares in the last quarter. Finally, Janiczek Wealth Management LLC increased its stake in Schneider National by 9.2% during the 1st quarter. Janiczek Wealth Management LLC now owns 14,324 shares of the company’s stock worth $324,000 after buying an additional 1,207 shares during the period. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SNDR shares. Evercore ISI decreased their price target on shares of Schneider National from $28.00 to $27.00 and set an “in-line” rating for the company in a research report on Thursday. UBS Group boosted their target price on Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th. Bank of America lowered Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 price target on the stock. in a research report on Monday, July 22nd. Stifel Nicolaus downgraded Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price objective for the company. in a research report on Thursday, August 8th. Finally, Susquehanna raised their target price on shares of Schneider National from $25.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, September 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $27.17.

Schneider National Stock Performance

Shares of Schneider National stock opened at $26.98 on Friday. The firm has a market capitalization of $4.73 billion, a P/E ratio of 30.66, a P/E/G ratio of 2.54 and a beta of 0.85. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $29.01. The firm’s 50 day moving average is $27.32 and its two-hundred day moving average is $24.23.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business earned $0.45 EPS. Schneider National’s revenue for the quarter was down 2.2% compared to the same quarter last year. Research analysts forecast that Schneider National, Inc. will post 0.85 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.41%. Schneider National’s dividend payout ratio is presently 43.18%.

Insiders Place Their Bets

In other news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the sale, the insider now directly owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 32.68% of the stock is currently owned by corporate insiders.

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.